According to the S-3/A:
<< This Prospectus relates to the public offering of up to
4,775,857
shares (the "Shares") of Common Stock, $.001 par value per share
("Common
Stock"), of Source Media, Inc., a Delaware corporation (the "Company"),
which
may be offered from time to time by certain shareholders of the Company
identified under the caption "Selling Shareholders" or by pledgees,
donees,
transferees or other successors in interest (the "Selling
Shareholders"). The
Shares being offered hereby are issuable upon the exercise of certain
warrants
(the "Warrants"). The Company will receive no part of the proceeds of
sales of
the Shares offered hereby, although it will receive proceeds from any
exercises
of the Warrants. >>
Since the warrants don't look like they will be exercised at this time, it doesn't look like these shares are coming into the market , right ?
Jim |
