Ask Michael Burke Message Board

STOCKTALK

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.

Politics : Ask Michael Burke

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Tommaso who wrote (87583)	12/26/2000 10:24:49 PM
From: Knighty Tin	Read Replies (1) of 132070

T, I read the boilerplate the same way you do, but I don't trust it. Lawyers can always find a way around it and it is turgid enough prose for multiple loopholes. However, that being said, I don't know why the lawyers would want to find a loophole. The co. can use the extra influx into capital the warrants would bring and they get to keep the cash as a sort of interest free loan until that happens. If they are in perpuity, then there is no reason for anyone to ever exercise. BTW, I wouldn't spend an hour reading stuff like this for any amount of money. 5 minutes is instant Sominex for me. <g>

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next