Epstein Secrets

tions from 1991 through 1995. The overall average discount for the study was 20.0%. 25 From FMV Restricted Stock Study. 26 From Michael Henze] and Richard L. Smith, "Market Discounts and Shareholder Gains for Placing Equity Privately," The Journal of Finance, June 1993, PP- 459-485. 27 From Bruce Johnson, "Res

hland Series a-Cs indiL threshold Call irg • Call aro BetweenSeries r-Cs indif. threshold and exercise of common warrants (high) Call ail -Call so Betweenexerciseofcommon warrants (high) and exercise of common options Call •7 Chit s Between exercise of common options ilow)and exercise of common warrantsIC:ell en - Cal

tions from 1991 through 1995. The overall average discount for the study was 20.0%. 25 From FMV Restricted Stock Study. 26 From Michael Henze] and Richard L. Smith, "Market Discounts and Shareholder Gains for Placing Equity Privately," The Journal of Finance, June 1993, PP- 459-485. 27 From Bruce Johnson, "Res

hland Series a-Cs indiL threshold Call irg • Call aro BetweenSeries r-Cs indif. threshold and exercise of common warrants (high) Call ail -Call so Betweenexerciseofcommon warrants (high) and exercise of common options Call •7 Chit s Between exercise of common options ilow)and exercise of common warrantsIC:ell en - Cal

tions from 1991 through 1995. The overall average discount for the study was 20.0%. 25 From FMV Restricted Stock Study. 26 From Michael Henze] and Richard L. Smith, "Market Discounts and Shareholder Gains for Placing Equity Privately," The Journal of Finance, June 1993, PP- 459-485. 27 From Bruce Johnson, "Res

hland Series a-Cs indiL threshold Call irg • Call aro BetweenSeries r-Cs indif. threshold and exercise of common warrants (high) Call ail -Call so Betweenexerciseofcommon warrants (high) and exercise of common options Call •7 Chit s Between exercise of common options ilow)and exercise of common warrantsIC:ell en - Cal