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Microcap & Penny Stocks : Isonics Corp. ISON
ISON 0.00010000.0%Nov 5 4:00 PM EST
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To: majaman1978 who wrote (879)8/12/1999 1:36:00 PM
From: Harry_Behemoth  Read Replies (2) of 1099
 
From the 8-K filed today -- anyone know what a "Silicon Isotope Transaction" is???



(i) The Series A Convertible Preferred Stock is convertible into shares
of common stock on a share-for-share basis, subject to dilution
adjustments. The Series A Convertible Preferred Stock is entitled
to receive dividends on a share-for-share basis with the shares of
common stock except in the case of a "Silicon Isotope Transaction"
as defined in the Certificate of Determination, in which case the
holders of Series A Convertible Preferred Stock have certain
additional rights. The Series A Convertible Preferred Stock is
entitled to a liquidation preference of $1.50 per share.
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