MIDL .... A Real Sleeper Message Board

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Microcap & Penny Stocks : MIDL .... A Real Sleeper

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To: Dusty who wrote (4801)	12/16/1998 4:49:00 PM
From: one_less	of 7039

I don't own prefered, but as I recollect when it is allowed you can convert 1 prefered to 35 common or something like that. However, the exercise of the conversion was date limited somehow. So, I can see why people might want to convert if it is currently exercisable. Obviously 10=0 and 350=0 so currently there is no difference. But who knows this thing may actually trade in a month or two.

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