Blank Check IPOs (SPACS) Message Board

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Technology Stocks : Blank Check IPOs (SPACS)

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From: chuckmicro	5/15/2007 1:00:09 AM
	of 3862

HAPNW - Some Answers: a128 - Mr. Mcdevitt volunteered to pay .70 per warrant, he was not forced to do it. Why should he pay .70? So HAPN would have the funds to pay for everyday expenses & the continued cost of due dilligence/negotiations to acquire InfuSystems. Jayrao - HAPNW is a warrant to buy one share of HAPN for $5.00. HAPN closed last Friday at $5.75. If it stays at that price after acquiring InfuSystems, the warrant would be .75 in the money. With an expiration date of April 2011, it has almost 4 years of time value that would move the price higher.

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