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To: Elroy who wrote (117956)	2/19/2014 9:37:26 AM
From: Biomaven	Read Replies (1) of 118717

>>So a short has the ability to automatically create additional warrants which apply to them rather than than to MHR? Well it's not the short themselves doing anything - it's the brokerage/clearing system. To the extent a company issues anything (dividends, rights, warrants, etc.) the short automatically becomes short whatever was issued. >>so they're worth at least the MHR share price minus $8.50 One would think so, but not really. I didn't see any requirement that the company actually register these shares (but I might have missed it - didn't read carefully). Peter

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