would only take 2 or 3 trading days to pump the stock to over the $1,
those that hold the options between the 21st and 28th, will be able to
exercise. so underwriter picking up the price at $1 may get a 20% to
30% premium,if sp goes to $1.30.
70 million dollars ,can range afford to just let it go? if they do
then directors are not in control of company.
aoi drilling rig, page-24
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