SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : e.Digital Corporation(EDIG) - Embedded Digital Technology
EDIG 0.00010000.0%Mar 20 5:00 PM EST
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Walter Morton who wrote (6728)7/27/1999 1:21:00 PM
From: Walter Morton  Read Replies (2) of 18366
 
<Includes warrants exercisable into 10,629,042 shares of common stock>

So, we know share outstanding will increase by at least 10 million shares within the next 60 days.

Now, why exercise the warrants now? Do they expect the stock to drop after 60 days and they want to get out before that happens? Do they expect the stock to go up in around sixty days and they want to be able to sell at that high price before it falls again? Did they all simply have the same deadline for exercising their warrants?

Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News