RE:Well there ya go.Well I should have checked before I hit "Post".
So the offer is 1 cent cash and what ever real value you wish to put on a small money losing company, but the current market value is 1/10 of $0.11. Warrants on Venture companies I very seldom give value to since more often than not they go unexercised and worthless.
So at the end of the day it is 1 cent solid and in my fair estimation about $0.005 - $0.015 variable value. Better than a kick in the teeth I guess, but not much.