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Technology Stocks : Blank Check IPOs (SPACS) -- Ignore unavailable to you. Want to Upgrade?

To: Glenn Petersen who wrote (1177)	9/10/2007 12:22:40 PM
From: RockyBalboa	Read Replies (1) \| Respond to of 3862

Whoa. Warrants are way up. Good Harbors next?

To: Glenn Petersen who wrote (1177)	9/10/2007 12:49:23 PM
From: RockyBalboa	Respond to of 3862

Amazing how cheap the OHAQ warrant still is. Its strike is $6, and it would take a lot dilution to bring its time value down to 30c. The founding directors have some stake in: Our founding directors, Larry N. Feinberg and Joel D. Liffmann, have each agreed to purchase 416,667 of our warrants, or a combined total of 833,334 warrants, from us immediately prior to this offering at a price of $1.20 per warrant. We refer to these 833,334 warrants as the "founding director warrants" throughout this prospectus. The founding director warrants will be purchased separately in a private placement and not in combination with our common stock in the form of units. The proceeds from the sale of the founding director warrants will be held outside of the trust account, and will be available for our use for working capital and general corporate purposes. If we do not complete a business combination that meets the criteria described in this prospectus within the required time period, the founding director warrants will expire worthless.