GGR: GeoGlobal Resources Inc [was GEOG was BOWG] (2000 + ): News from IR: Warrants

» Kirk - News from IR: Warrants

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I can’t vouch for this poster’s veracity, but this is interesting information worth recording here and he has not posted anything in the past that I remember was not true.

News from IR: Warrants

by: tarragon61
Long-Term Sentiment: Strong Buy
01/05/06 05:50 pm
Msg: 15426 of 15426 http://messages.yahoo.com/bbs?action=m&b...

Up to date, none of the $9 warrants or $2.50 compensation warrants have been exercised. The file is still awaiting approval by the SEC. In the case of the $2.50 comp warrants, they will be exercisable within 30 days after the approval (not the Dec. filing), so they will not hit till at least Feb 5, even if the SEC approved it today. Even then, Carla said, it's only 785k shares.

The $9 warrants are also not exercisable at present, so despite the 20-day $12 watch, the early expiry notice will obviously not (can not) be filed/published by GGR in the very near future. If the approval comes after, or close to TD news, then their dilutionary effect, as PPS shoots up, should be even further diminished.

(Or is that dilutive? I know I've been called delusionary, and elusive, but . . .)

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<img WIDTH=579 HEIGHT=335 SRC=http://bigcharts.marketwatch.com/charts/... >

For more coverage on GGR, along with my buy and sell points to try and profit from its volatility, subscibe to my newsletter today!

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For 2005, "Kirk's Newsletter Portfolio" was Up 13.2% vs. QQQQ up 1.2% vs. DJIA down 0.6% vs. S&P500 Up 4.8%

As of 12/31/05 the Total Return for "Kirk's Newsletter Portfolio" since 12/31/98 is Up 197% while the S&P500 only up 12%!!! & NASDAQ only up 1%!!! (my portfolio beta is roughly equal to that of QQQQ.)

What should be quite clear is a “buy and forget” market strategy using the DOW, S&P500 or NASDAQ would have under performed holding money funds over the past seven years while my newsletter portfolio nearly tripled every dollar invested

-- posted by Kirk