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Non-Tech : Any Stock Warrants

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From: skywalker44	7/20/2009 6:32:37 PM
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EHMIW.OB and EHMIZ.OB Warrants Echometrix (EHMI.OB) was formerly Search Help (SHLP.OB). There are two Echometrix warrants that are publicly traded: 1. EHMIW.OB (last at $0.03): exercise price of $0.17 and an expiry of June 1, 2010. These warrants are redeemable if the shares have a closing price of $1.50+ for 5 consecutive trading days. Apparently ~2.47M of these warrants are outstanding. 2. EHMIZ.OB (last at $0.01): exercise price of $0.22 and an expiry of June 1, 2010. These warrants are redeemable if the shares have a closing price of $2.50+ for 5 consecutive trading days. Apparently ~2.47M of these warrants are outstanding. EHMI.OB shares have been very active in recent days, with volume above 100K being the norm. The shares closed at $0.19 today on volume of 896.5K. Hard to tell what is driving the volume and the increased interest in these shares. The URL shown below notes the company's business approach: "The core of the company's intellectual property is based on a technology that reads digital content, identifies words and expressions and assigns numeric values that allows interpretation." Full article: finance.yahoo.com

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