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Gold/Mining/Energy : CCB vs ZEN truth board
ZEN.V 0.950-5.0%12:14 PM EST

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To: NuclearCrystals who wrote (1037)12/28/2015 10:38:29 AM
From: the ChiefRead Replies (1) of 12350
 
I am on record that they exercised! Why? The Charade would be up. I think this has at least a year in it before anyone of the 14 get a clue.
If they failed to exercise the immediate conclusion and results would be

1) They will not pay real money for stock at 60c
2) They will have violated a gentlemans agreement between some of the previous placees of the $1.25 PP and ZEN stating they would exercise.
3) The stock would fall to less 60c as it would reflect a price that AE would most likely pay and not what he would not pay.. Why? why would you not pay 60c for Glorieux's $30.00 stock?
4) It would send a market signal that AE has no intent on paying anymore then the .001c a share he has presently paid. So is a certain and guaranteed short.
4) No one will finance them, because they will realize their suspicions of half NRs actually means something and AE will have put a numerical value on it..... Less then 60c

The risks are just too high NOT to exercise.
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