Trump's 12 Diamond Picks, Discussions Limited Message Board

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Gold/Mining/Energy : Trump's 12 Diamond Picks, Discussions Limited

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To: Tomato who wrote (1429)	10/23/1998 1:38:00 PM
From: Tomato	Read Replies (1) of 2251

WSP future capital... I decided to look at what $$$ option exercises and warrants would bring... All the options are at $1.62 or below and would bring a total of $3,766,150 (all number in $C) into the treasury by my arithmetic. There is $899,000 in warrants exercisable at or below $1.16 and approx. $3,500,000 in warrants exercisable at or above $3.50. To summarize, that's about $8.1 mil by my calculations to WSP should things take off and people exercise their options and warrants.(do your own crunching, as I've been known to make mistakes) So, it looks like WSP won't have to issue more shares above the 37 mil fully diluted figure unless and until they want to do some major capital expenditures.

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