CLVE It's about to Break it's 52 week high! Message Board

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Microcap & Penny Stocks : CLVE It's about to Break it's 52 week high!

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To: Zeev Hed who wrote (129)	7/9/1999 10:49:00 AM
From: David Sirk	Read Replies (1) of 166

GUYS here is a Link to a recent GEM deal. scoot.com This is one segment. it shows how a savvy company can protect themselves against shorting. The Debentures will have a three-year term to maturity and have an interest rate of 3.5 per cent per annum payable on a quarterly basis. The Debentures are convertible into ordinary shares at any time during the three-year term of the Debentures. Under the conversion terms of the Debentures, the maximum number of ordinary shares which may be issued on conversion is limited to 23,900,000, representing approximately 4.6 per cent of the current issued share capital of the Company, save in certain circumstances, further details of which are set out in the paragraph titled "Maximum Dilution Provisions" set out below. ALSO if you look at the stock price of our GEM debentured company you will see that the price has gone UP since the Debenture deal was announced quote.yahoo.com I hope this will help to put a few people at ease. SCOP has deals thats why everything is working well. Before the Debenture Deal with GEM this puppy was Dragging at 6 bucks after it went as high as 16

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