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Microcap & Penny Stocks : Isonics Corp. ISON
ISON 0.00010000.0%Nov 4 4:00 PM EST

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To: Jim Johnson who wrote (933)2/10/2000 10:43:00 AM
From: Max Fletcher  Read Replies (1) of 1099
 
Aren't the warrants a screaming buy with today's news? Say you want to own some ISON today. You can buy a share of stock for about $7.50 Instead, why not buy a warrant for $3.25, send the company $5.80 by Sept 1 for your (B) share, then send them (next year) another $5.80 for the additional (C) share? Total outlay $14.85 for 2000 shares or $7.42/share. BUT you only have to pony up $3.25 today.

Am I missing something here? Seems the warrants should be trading at more of a premium relative to the stock.

Max
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