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To: kidl who wrote (156997)5/6/2009 1:20:04 PM
From: jrhana  Respond to of 312716
 
Because it is a very very slow, cross border bureaucratic process to exercise. Lots of red tape on both sides of the border.

I'm cured of the PP business. You get restricted stock and warrants that are a hassle to exercise. Sometimes you exercise the warrants and get stock that has a 4 month restriction on it.

Meantime everyone and his brother is shorting the hell out of the stock. Unfortunately I can't short Canadian stock or I would just short the shares and exercise to cover.