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Sino Rise Group C.SHD

"Sino Rise Group Holding Corp through its subsidiaries engages in software research and development activities in China. It also provides IT consulting services; and manages and maintains network system applications."


CSE:SHD - Post by User

Bullboard Posts
Comment by skyhi0on Sep 15, 2005 10:15pm
62 Views
Post# 9563001

RE: Not much

RE: Not muchI agree about the 10M free trading warrants with a strike of .35 HOWEVER I have to believe that mgmt would want those excersised and the cash in the kitty to move towards developement of the mine. In order for the 10M warrants to get excersised (by those selling the underlying stock) they will need to get the share value to .55 in order for that strategy to work. Interestingly .55 is the next technical level once we close over .36 So .... I see a few more sellers of the underlying stock still trying this however momentum will build as more keep their shares as the price begins to rise.
Bullboard Posts