IFLY - travel sales on the web pure play 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.

Technology Stocks : IFLY - travel sales on the web pure play

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: eric deaver who wrote (75)	4/9/1998 9:02:00 PM
From: Sverre Schriwer	Read Replies (1) of 4761

Hmmm... I just checked back at Edgar, and the plot thickens... Today the issue of the exercise price came up repeatedly at an IRC daytrader channel. I checked the original SB-2 at edgar prior to posting my last message, but didn't look very closely since the 7.50 number was agreed on at IRC. Now, when I check the multiple amendments to the SB-2 at edgar, it turns out that the 6:th and last SB-2/A has it at 125% or $6.25 This is _very_ interesting... I belived the 150% ($7.50) number and _still_ thought the warrant a bargain. If the lower number is correct, as indeed it seems to be it is a lot better ($1.25 better in fact). I cannot but help wonder if many other traders made the same mistake which would have kept the warrant down compared to the common... This might turn out very nice on monday morning. Does anyone on this thread have the printed prospectus? It should contain the final word on the matter. For anyone inclined to dig into the SEC filings for themselves the URL is: edgar-online.com

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next