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Message: Re: What are Warrants? - SGE - Sedley

Dec 13, 2006 03:15AM

Dec 13, 2006 06:07AM

Dec 13, 2006 06:25AM

Dec 13, 2006 06:39AM

Yes, but we are still ailing from past actions that couldn't be avoided (to stay afloat). They stuck their necks out to some degree, so they do deserve to be engorged. And IF they are doing as I suspect, it will eventually come to an end, and then it's our turn to be more fully rewarded for the risk we've taken.

It appears to be the best path....convert the warrants ASAP within reason and get rid of them, then we only have to contend with the MMs. The sooner the better - and from that view, they may be doing us a favor to a degree (for if they waited, leaving the warrant issue dangling, they would ultimately probably be even more fully engorged, and at a probable greater "expense" to us retail shareholders).

JMHO,

SGE


Dec 13, 2006 06:54AM
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