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Gold/Mining/Energy : Arcon Energy (MIDL Presently) The Ultimate Sleeper

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To: WVMayor who wrote (1833)5/31/1998 9:06:00 PM
From: Ga Bard   of 4142
 
If I may ... If I purchase 10000 MIDLW tomorrow @ .50 or whatever, I can then pay an extra .50 per share to convert to MIDL. Is this correct?

Yes after the T3 rule (3 day settlement) you can call your broker and he will take .50 out of your account for each warrant you wish to exercise. For that you will receive 1 share of common.

When can the conversion take place?

Anytime after the T3 date

Is there a start and end date?

End date is AUg or Oct 2001

Hope that helps

GB
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