<< Just read it again. It is 6.5 million shares going to be dumping on you guys. >>
Another short that can't read, let alone due DD.
The 4.25M shares were issued for $6.50 in the secondary back in Sept. 2005. We have already seen this dilution. The 2.125M warrants were issued to those same persons buying the 4.25M shares, which are exercisable at $9.00.
There are an additional 195,144 compensation options exercisable at $6.50, which will be digested by Warning and some of the other big players on this board without even a belch.
By theway, longs, it appears that the remaining $2.50 compensation options have already been exercised and absorbed.
Anyway, MoleWhacker, keep believing what ya think you're reading. If you shorted today, I suggest shorting again going into the weekend; there's always these crazy run-ups on late Friday afternoons. We just can't explain it . . . something to do with MCI, I hear.