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Re: hydro 

By: teecee in IDCC | Recommend this post (1)
Sat, 17 Dec 16 3:55 AM | 844 view(s)
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Msg. 48034 of 48237
(This msg. is a reply to 48030 by DCLARKE)

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4.3 myn shares...roughly 12.5%....I think i might have miscalculated a bit after reading through the terms...looks like dilution has been hedged out to 88+ [we're on the fence now]...still the conversion would take place at 72.375...thereby converting the debt to equity...but depending on where the stock is...the dilution wont occur until 88+ [the strike price of the warrants that were sold alongside of the debt issuance]...which if it occurs will effectively be a sale of stock at 88+...not the 72+ conversion...its all good unless I schedule the nj50 and it drops back below 50 Mr. Green Mr. Green Mr. Green Mr. Green Mr. Green




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The above is a reply to the following message:
Re: hydro
By: DCLARKE
in IDCC
Sat, 17 Dec 16 2:50 AM
Msg. 48030 of 48237

Teecee, how much dilution would there be? I wish I understood that transaction better. Merry Christmas...

DCLARKE


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