RE:RE:RE:RE:Riverstone Hungry ??Oops, forgot to mention the warrants.
Those totally out of the money, worthless warrants.
But also, those warrants that are the "only" current way for investors to create new shares.
Phrased differently, to increase their share of the loot.
About 17 million of them? About 6.5% of total sharecount?
Would the barons hold all the half cent warrants by now?
The warrants may well be worthless on expiration day, but they're lottery tickets right now.
Would the robbers keep SP down below $3 until the day of expiry and the warrants therefore worthless.
Would one be able to purchase 17 million PIPE shares for below $3 on the expiry date?
Would the barons exercize their warrants at $3/share to see shareprice miraculously jump to >$4-5-6 a week after expiration?
It may well be possible that I will exercize my 600K warrants to get an extra 60K shares in PIPE for "only" #180K.
Food for thought folks.
Have fun.