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Non-Tech : Ashton Technology (ASTN)

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To: mst2000 who wrote (2379)8/20/1999 12:51:00 PM
From: Sir Auric Goldfinger  Read Replies (1) of 4443
 
They effectively bought shares that are protected down to $7 ("additonal share purchase option") and they have tons of warrants at 12 1/4. They don't care one or way another. Unless it goes below $7 and then watch out!

Same old ASTN crap: do a dilutive financing and brun the cash. These shares as well as the Series A & B shares have liquidation preference which means you get bum eff. Finally, it is disingenous for an officer to be selling shares in the midst of a financing. Defend that morally you mouth, you.

What a fool you are, go back to chasing ambulances.
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