RE:RE:RE:RE:RE:RE:PP done and debenture paid offI think your right about the JV partner. Unless there's an acceleration clause on the warrants, one won't exercise the warrants until they are ready to cash them in and sell the underlying shares, otherwise one would keep them for 5 years before exercising.
lifegoeson wrote: Letsgetready, I agree about your comments about the warrant basically being in the money (meaning as the price moves up, this will free up $580,000 very quickly. I also agree about insider reporting. My guess is that we will see another Press Release soon announcing the Joint Venture partner who is likely the strategic investor. What is good is that Farshad managed to bring money in without consolidation. I doubt the strategic investor participated if thee was going to be a consolidation, this makes me happy.
My shares are still alive..... call it a miracle....
Now let's see if Farshad can create another miracle by bringing value to the company and the upward moevement of the stock price.
Time to buy is now....?