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Gold/Mining/Energy : Alternative Fuel Systems ATF:VSE
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To: Jim Bishop who wrote (3394)8/3/1999 4:05:00 PM
From: JohnL  Read Replies (1) of 4605
 
I never got a response from ATF for my email of July 7, '99 (see #3299), which questioned the private placement discounts. This appears to be the answer, but with a new twist:
Now they have placed "units" - one share and one warrant, all at the same low price of $1.29. Sure it is at market, but the "discount" is in the warrant. If the warrants are exercised, we, the helpless longs, will get double the dilution.

Sorry about that.......John.
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