However, shareholders who exercise their warrants to purchase restricted shares and pay for them by January 7, 2006, will be eligible for the 5-for-1 forward split. Because the record date of the forward split is also the exercise deadline, warrants exercised at the $0.0015 exercise price will have the effect of one-fifth that price.  -   Joey DiFrancesco     Quotes
However, shareholders who exercise their warrants to purchase restricted shares and pay for them by January 7, 2006, will be eligible for the 5-for-1 forward split. Because the record date of the forward split is also the exercise deadline, warrants exercised at the $0.0015 exercise price will have the effect of one-fifth that price. Joey DiFrancesco