MIDL .... A Real Sleeper Message Board

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

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To: Binder who wrote (5821)	6/8/1999 3:24:00 PM
From: Ga Bard	Read Replies (1) of 7039

I would agree except the 35:1 does not include the penalties for the P for years which brings it to 42.5 to 1. As far as dropping of the Ws to .50 ... the BOD can do whatever they want on the exercise price. They do not need a shareholder vote. They do however need a shareholder vote to authorize more stock to conver the P. :-) GB

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