Post by
rockhound3 on Apr 19, 2021 9:53am
Patchh; what are the requirements if the warrants
were called early?
I have a few of these so am interested?
tx
Rock
Comment by
Notgnu on Apr 19, 2021 2:02pm
As SunTzu says in the 4th chapter on Maneuvre, "...warfare is based on deception. Move when it is advantageousand create changes in the situation by dispersal and concentration of forces." Line 12 in the B. Griffith translation N.
Comment by
patchh on Apr 19, 2021 3:45pm
i get confused ! was he Han or Song Dynasty Mao.. there were a couple of Suns in the Mao period.. one got smoked by his side and the other lead the Communist Democraqtic Leauge
Comment by
Notgnu on Apr 19, 2021 3:52pm
Easy to get con fuuused. More likely Wu or Zhou about (neg) 520. N
Comment by
Notgnu on Apr 19, 2021 3:57pm
Estimates (chapter 1.. 17/18) "17. All warfare is based on deception." "18. Therefore, when capable, feign incapacity; when active, inactivity." N.
Comment by
Notgnu on Apr 19, 2021 4:30pm
And yes, that slap back may wipe out 3/4 of the world population and sicken the rest if nnnnuuuuuks's are used. Maybe just a limited exchange and some EMP's with the entire global satelite networks disabled... then the demand for copper will be for bronze axe manufacturing again. N.
Comment by
patchh on Apr 19, 2021 4:56pm
as to the 50 families runng the poltiburo in china.. all go bak to the han period and polo/kahn.. by the traditions of that period - Mao was a King
Comment by
Notgnu on Apr 19, 2021 5:08pm
Sure but it is all a distraction from Ncu... all will be great despite the price of tea in China. N
Comment by
westcoast1000 on Apr 19, 2021 2:03pm
JUst to add to my last post: I do not know if it is gibberish that patchh writes sometimes. I just cannot translate it. My problem, I guess.
Comment by
lumpy13 on Apr 19, 2021 4:03pm
To put things simply: There is no acceleration clause on the warrants by NCU. The only thing that could accelerate them would be an acquisition and, even then, the acquirer would likely just pay the warrant intrinsic value.
Comment by
Notgnu on Apr 19, 2021 4:17pm
I am guessing here but wouldn't the aquirer, by force of negotiation with Pala not have to pay the ex-trinsic value? I mean if they were paying 5X the share trading price then I think Pala (and myself) would want a minimum of 5X the rolling 60 day average warrant price. Comments? N.
Comment by
Notgnu on Apr 19, 2021 4:20pm
Wait... I get it now... You mean the newly created (by the share price bid) intrinsic value... yes, I think so to. N.
Comment by
patchh on Apr 19, 2021 4:44pm
when i saw what happened last week w MUDS (a US Warant) - anything is pozzible