Posted On: 08/22/2016 11:21:22 AM
Post# of 1023
On the other site people are trying to play off this warrant trade in offering as a sign that something BIG is coming, yet the offering specifically says nothing big is coming, so warrant holders won't get screwed if they take the deal.
My take is that it's better for the company if all the warrants are traded in for a reduced number of common shares. I doubt anyone in a position to even have warrants reads these message boards, but I'm not understanding why people are making unsupported statements completely contradictory to the wording of the offering itself.
You didn't mention the offer in your post. If there was a secret deal going on wouldn't SCIE be liable for fraud given the wording in the trade-in offer?
My take is that it's better for the company if all the warrants are traded in for a reduced number of common shares. I doubt anyone in a position to even have warrants reads these message boards, but I'm not understanding why people are making unsupported statements completely contradictory to the wording of the offering itself.
You didn't mention the offer in your post. If there was a secret deal going on wouldn't SCIE be liable for fraud given the wording in the trade-in offer?
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Everything in this post is my own personal opinion. I do not claim to have any expertise or knowledge that would allow me to provide followable advice.
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