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Biotech / Medical : ACMI - Accumed Inc.
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To: aatkinson who wrote (837)12/31/1997 2:33:00 PM
From: Sigmund  Read Replies (1) of 1894
 
Extending the warrants is often a good idea. Certainly it benefits the warrant holders. But it also allows the company to raise money without incurring investment banking fees of any magnitude. It often can defer the need for a secondary. So the existing shareholders may also be seen to benefit to some extent.
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