RE:RE:RE:RE:NetworkNewsBreaks – Liberty Leaf Holdings Ltd. (CSE: LIB) (OMy apologies . . . I should have added that converting the warrants to stock would cost about $35K and so the payout would be $100K plus against a cost (include original debt of $46K) of $81K. So this supplier gets its money back plus $20K . . . . since it has two years to convert warrants if the price of LIB is less than .61 come August then it could decide to just sell the 117,000 it got and to take advantage of the warrant entitlement if it made sense. While there are many worst cases here if the stock is .40 cents come August and they sell then they get their money less transaction fees and potential interest that might have been earned had they been paid cash instead of stock.