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Microcap & Penny Stocks : Rande Is. . .FISHING. . [under $1.50]

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To: Baton who wrote (2448)7/3/1999 11:53:00 AM
From: kbert  Read Replies (1) of 4766
 
Baton, Rande, I have a question
on the warrants:
you quoted "He confirmed that the warrants convert to Series E when and if the Series E reach $5."
But if Series E convert in 12/99 they will not be traded
anymore. on the other hand
The warrants are valid till 2002.
How will the warrants will be able to convert if PLCOP is
not traded anymore.
Are they going to become valueless ?
Or is the text for the warrants going to be
warrants convert to 5 PLCO at $5/6 = $0.83??
Any idea ?
This is an important topic for me
as I own a few warrants ( 10k )
There is something I don't get here
:)
Archie
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