Fri, Apr 18, 2014, 11:52 PM EDT - U.S. Markets closed for Good Friday

Recent

% | $
Quotes you view appear here for quick access.

Biozone Pharmaceuticals, Inc. Message Board

brian821210 2 posts  |  Last Activity: Feb 24, 2014 2:17 PM Member since: Jun 28, 2008
SortNewest  |  Oldest  |  Highest Rated Expand all messages
  • Reply to

    Correct me if I'm wrong !!!

    by brian821210 Feb 24, 2014 2:13 PM
    brian821210 brian821210 Feb 24, 2014 2:17 PM Flag

    I meant to say they are bringing in more money now
    With less dilution .

  • brian821210 by brian821210 Feb 24, 2014 2:13 PM Flag

    I keep hearing all this talk of dilution of 172m shares .
    But did GC not clear this up this morning . They sold
    50m at .06 for $3 mil. (Old warrants) and now the (new
    Warrants) were renegotiated. As GC stated at double the price .
    Was stated in news release they can exercise 3 warrants for every 4 they redeem @ .12
    And the new warrants are worth $4.5 mil if exercised . Therefore
    4.5 mil / .12 = 37.5 mil shares . Plus the 50 mil. They just sold
    For a total of 87.5 mil. Not 172 mil. . Also are they not
    Bringing in more money now . The recent $3 mil. Plus $4.5 mil for the
    New warrants . $7.5 mil ? Yes I know any dilution is bad
    But we all knew it was coming !!

BZNE
0.410.00(0.00%)Apr 14 3:59 PMEDT

Trending Tickers

i
Trending Tickers features significant U.S. stocks showing the most dramatic increase in user interest in Yahoo Finance in the previous hour over historic norms. The list is limited to those equities which trade at least 100,000 shares on an average day and have a market cap of more than $300 million.