3SOF

I meant 30 million warrants = 11 million shares

I believe 30 warrants = 11 million shares of outstanding 110 million shares.

This sentence, "These warrants, if exercised within three years, provide CCE the opportunity to become a minority shareholder in Bravo!, entitling CCE to acquire 10% of Bravo's total authorized shares outstanding at a purchase price of $10.8 million.", to me, means that out of 110 million outstanding shares that Bravo has CCE will own 10%, which is 11 million shares at $10.8 million.  And this means $1.00/share.

Metro...here is the delisting notice and the related 8-K on GLGS.

http://biz.yahoo.com/e/050412/glgs8-k.html

After the close of business on April 7, 2005 GlycoGenesys, Inc. (the "Company") received a letter from the Nasdaq Stock Market indicating that based on its Annual Report on Form 10-K for the year ended December 31, 2004, the Company does not comply with Nasdaq Marketplace Rule 4310(c)(2)(B), which requires listed companies to have (i) a minimum of $2,500,000 in stockholders' equity, (ii) $35,000,000 or more market value of listed securities or (iii) $500,000 of net income from continuing operations for the most recently completed fiscal year or two of the three most recently completed fiscal years. The staff of the Nasdaq Stock Market is reviewing the Company's eligibility for continued listing on the Nasdaq SmallCap Market and has requested that the Company provide its specific plan to achieve and sustain compliance with Nasdaq SmallCap Market listing requirements.

Please read the rest of the news by going to the website I mentioned above...

It poped 3 dollars yesterday in the last 30 min..

I definitely agree with you eliteG...

Short position of 40% is a good thing for the run actually, they have to cover in 1.5 days.

La-Onda....Actually, what that form says is that the CEO was given an OPTION to buy 500K at $7.94 until 6/13/2012, so that doesn't mean he is buying them right now (RIGHT TO BUY, NOT BUYING RIGHT NOW !!!! )...

when you put 6 zeros, every figure become in billions...comma (,) is used in other countries to separate, not (.) period like US...