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Biozone Pharmaceuticals, Inc. Message Board

brian821210 2 posts  |  Last Activity: Feb 24, 2014 2:17 PM Member since: Jun 28, 2008
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    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 !!

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