Hi Paul -
Lucas Energy, Inc. Common Stock (AMEX: LEI )
Not sure what to make of these warrants that were/are exercised per this announcement thus AM. Stock off 3.3% right around the exercise price of $2.86. Seems like a pretty good entry point if there is a sale or JV in the works for their Eagle Ford holdings.
LUCAS ENERGY, INC.
xml.10kwizard.com
Relating to the Resale of up to 4,230,589 Shares of Common Stock,
$0.001 Par Value Per Share,
Comprised of:
(i) up to 2,510,506 Shares of Common Stock
Issuable upon Exercise of Outstanding Series B Warrants;
(ii) up to 1,569,453 Shares of Common Stock
Issuable upon Exercise of Outstanding Series C Warrants; and
(iii) up to 150,630 Shares of Common Stock
Issuable upon Exercise of Outstanding Warrants
EKS |
