Some thoughts re Warrants being issued Quote>;The warrants contain an acceleration provision which allows the Company to force the exercise of the Warrants if the weighted average trading price for the Company;s common shares exceeds $0.45 for 15 consecutive trading days "
Note the terms enforce the holders of the warrants to exercise them if the shares trade above 45 cents for 15 days
Surely if the Company has some positive News announcements aeound the corner ...the holders of the warrants could be obliged to buy the shares at 37.5 cents within the next 2 months
There is nothing conclusive but obviously the 2 debt holders must feel it is a good investment they are making. If this is true then it certainly bodes well for the shareholders. This is just my opinion and only time will tell if I am right ..>/>