THE INVESTOR'S GUIDE TO WARRANTS:
Capitalize on the Fastest Growing Sector of the
Stock Market, Second Edition (Hardcover)
by Andrew McHattie Rating: ISBN-10: 027303751X
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Address: 75 Town Centre
Drive,
Rochester, New York, USA
14623
Phone: (585) 359-7560
Fax: (585) 359-4172
Email Address: IR@vuzix.com
Warrant Symbol - VZX.WT
Number Trading - 15,590,078
Expiration Date - January 5,
2011
Cusip - 92921W 11 0
Exercise Price - $0.20
Warrants called to trade news:
VUZIX CORPORATION
("VZX")("VZX.WT")
BULLETIN TYPE: New
Listing-IPO-Shares and
Warrants
BULLETIN DATE: January 4,
2010
TSX Venture Tier 2 Company
The Company's Initial Public
Offering ("IPO") Final Base
PREP Prospectus dated
December 7, 2009, has been
filed with and accepted by
TSX Venture Exchange, and
filed in each of the
provinces in Canada except
Quebec, and receipted by the
securities regulator in each
of these provinces, pursuant
to the provisions of the
securities legislations in
each of these provinces. The
Company's Supplemented PREP
Prospectus dated December
10, 2009 was filed with the
TSX Venture Exchange and
each of the aforementioned
securities regulators
pursuant to the provisions
of the securities
legislations in each of such
provinces.
The IPO was also conducted
in the United States
pursuant to a Registration
Statement filed with the
U.S. Securities and Exchange
Commission on Form S-1.
The gross proceeds received
by the Company for the
Offering were
CDN$6,236,031.40 (31,180,157
units at CDN$0.20 per unit).
Each unit is comprised of
one share of common stock
("common share") and
one-half of one common share
purchase warrant. The
Company is classified as an
'audio and video equipment
manufacturing' company.
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- Expiration Date: The last day the warrants can be exercised. If warrants aren't going to be exercised then they must be sold the day before the expiry date. The longer the time to expiry the more valuable the warrants.
- Leverage: A measure of how much you can increase your exposure to a share if you bought warrants instead of making a direct investment. It is the current share price divided by the current price of the warrant.
- Intrinsic Value: The difference between the exercise price and the actual trading price of the common stock. Once the common has gone over the exercise price, the warrants are "In the Money."
- Volatility: The higher the volatility rating, the higher the price of the warrant. Historical volatility is calculated by using the standard deviation of an underlying stock price over a specific period.
- Time Value: The difference between the current warrant price and its intrinsic value. Interpreted as the consideration paid for the advantage the warrant buyer has over the direct investor.
