posted
Okay, one more time. If you dont understand this, I suggest you invest in CDs.
Warrants are agreements to sell shares of stock to you at a pre-determined price. It has nothing to do with the shares you already own. Warrant shares will be restricted for one year.
After the closing date for the 5-1 split, which was December 31, 2005, you may do anything you want with the shares you now own, and you will still get more shares on January 30, 2006. The split will be based on the amount of shares you held on Dec 31. Sell, hold, burn them, do what you want, on Jan 30, 2006 you will STILL get more shares.
The 100-1 warrants and the 5-1 split have ABSOLUTELY NOTHING TO DO WITH EACH OTHER !!!! They are totally separate deals.
I know there are some rookies here, but dammit if you want to play the market you better know what you're buying. There are numerous places online that will explain stock terms. I suggest you study some of them so you know what you're doing. Otherwise, please send all your money to me so I can invest it and make some. You may as well, because if you dont know the difference between a warrant and common stock, you got a problem.
-------------------- If I give you bad information, please feel free to sue me. I have nothing left anyway. Ed Posts: 1772 | From: Oxford, PA, USA | Registered: Oct 2004
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posted
Hell, no....I fully expect the opening price on Feb. 1 to be either .0001 or .0002. Remember, after the 5-1 split shares are distributed on Jan 30, the PPS gets divided by 5. So if the price on Jan. 30 is .0006, divide that by 5, you come up with .0001 plus a little. And right now, the PPS is sitting right around .0006, with little movement.
-------------------- If I give you bad information, please feel free to sue me. I have nothing left anyway. Ed Posts: 1772 | From: Oxford, PA, USA | Registered: Oct 2004
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