Just blindly ACCEPT the UNSEEN UNTOLD VISION!
Let the BMO Sponsored and Initiated Private Placement Close on April 21th, 2011.
The BMO PP Recipients WILL NOT REGRET IT!
Just look and see why:
Shares 18,520,000 @ $1.35 for $25,002,000.00
Warrants 9,260,000 @ $1.70 for $15,742,000.00
Total 27,780,000 @ ~ $1.47 for $40,744,000.00 ($1.47 -weighted Ave Price/Share)
Warrant Exercise Forced when Share Price is over $2.70 for 20 Trading Days
At a Share Price of $2.70, the PP Recipients Shares are valued at $75,006,000.00
For a cost of $40,744,000.00 the PP Recipients gain a Windfall of $34,262,000.00
Net Result: PP Recipient Shares would have cost $6,482,000.00 OR $0.23 per Share
Nothing nefarious.
NEFARIOUS = Flagrantly Wicked.
Nothing nefarious INDEED!
Just plane Wicked!
Old Joe