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Strategies & Market Trends : Ask Vendit Off-Topic Questions -- Ignore unavailable to you. Want to Upgrade?

To: MJ who wrote (4123)	1/22/2005 9:43:23 AM
From: Vendit™	Read Replies (1) \| Respond to of 8752

MJ, From the news release it sounds like Raser Technologies has definitely improved their cash flow both short term and long term which would account for some of the price increase. I see the private placement was comprised of 4,240 $1,000 Series B Convertible Preferred shares, which were convertible into 1,211,571 shares of common stock, with investor warrant coverage of 302,893 shares at a cash-only exercise price of $8.55 per share. The stock is trading at $20.00 per share so there is still something going on that has yet to be released to the public IMO. Reid