MIDL .... A Real Sleeper Message Board

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

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To: Ga Bard who wrote (5804)	6/8/1999 12:03:00 PM
From: The Devil Dog	Read Replies (2) of 7039

The warrants are no longer the focus if they go private. It will enhance your shareholder base though! If the warrants were left public I would agree, as you know there are a medium base that can make this all work if we want to. Taking away the rights (I know not voting rights, I mean the ability to become long term investors of a perspective venture) of the existing warrant holders does nothing for increasing the stability of the shell. They go private and are then exercised sooner than later, which raises capital sooner than later. Raise that exercise price and you have less capital being injected into a company. If warrants are private, this should not effect the the price of the common. The price of the common will be dictated by the merits of the proceeding company and its existing business assets,business model etc... By the way I own a shit load of warrants and expect to exercise them ! :) Keep the your mind and dialog open. Best regards WB

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