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Non-Tech : Amati investors
AMTX 1.520-3.8%Feb 10 3:59 PM EST

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To: Jim Privat who wrote (4427)10/8/1996 6:54:00 PM
From: AK2004   of 31386
 
Jim I did not argue that point. The filings read "The company will not receive any proceeds from the sales of Shares by selling stockholders. The company could recieve up to $12,735,000 on the exercise of the Warrants." Small error $15M will come from the sale of 671,767 shares that currently held by insiders. That makes the average cost of $21(give or take). Considering that the value of the warrants is far greater than the strike less current price because of the time value the cost will be low. Regards -Albert
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