RE:Good News This Morning That sure was good news DoumdiDoum.
They gave out 25million warrants at .to acquire shares at 24.3 cents. That is over 10% of the float And they are good for 3 years.
yes, they did cancel a few warrants that were priced in the .40's and expired much earlier.
not a cheap or free lifeline.
a select few would consider that good news. I guess it really depends on how you look at it.
Nebari must feel that they could still get their $30 million back if they had to sell the company. Or they would not have agreed
(ps I had no intention to comment, until you brought me up on another board)