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Technology Stocks : XYBR - Xybernaut
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To: xclently who wrote (817)5/21/1998 5:52:00 PM
From: LT  Read Replies (1) of 6847
 
What you have reproduced here is pretty routine, in respect to the warrants anyway. A share of common stock is reserved for each warrant issued and that's standard. If not where would they get the shares on conversion? Buy them at market? Not!!! A limited number of shares are available for conversion though. How much that might dilute the existing shares is something you can't really answer till we get there.

LT

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