Anything Internet Corporation (ANYI) Message Board

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Microcap & Penny Stocks : Anything Internet Corporation (ANYI)

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To: C. McD who wrote (1142)	10/1/1999 1:57:00 PM
From: brad greene	Read Replies (1) of 1570

C.McD, Sure....they can lower the strike price of the warrants to $1.00 in a second...and make the new stock restricted for a few months....if there is a concern of dumping of the new stock.They can offer the deal...and see who takes it......They can also extend them from the January expiration date. I do think that much of the selling we have been seeing has been from worried warrant holders. They must do one of these two things....IMO.....Because it is hanging over the stock.....and causing concern. The warrant holders have sold ANYI stock to cash up for the conversion......they must be ready to send in big bucks by the end of January....as it goes now. How is the stock going to rally back to $5.00 with this spector in the minds of the shareholders? Another spector that is hurting the stock...IMO....is the question of near term operating capital. Are they broke? I think many people believe that they are...or will be very shortly. This is huge. In a quarter or two....they may be cash flow positive..Sales are good!....but what about right now? Gosh....nothing hurts a stock more than having $0 cash in the bank....and no plan to get more. So....if they do NOT have an urgent need for cash....they should extend the warrants.....for another 6 months or so......to take the pressure off. They can always call them early if the stock recovers to much higher levels. If they need funds NOW......they can lower the conversion price to $1.00....raise $200,000....and just get rid of them. Done deal....and take care of the cash crunch also. Lots of different ways to go......many that would get this thing moving again.....IMO. I just do not believe this is a situation that has no solution......I think the entire deal may have bottomed. BANY will be back too.....perhaps that needs to happen first. Don't stick a fork in this thing yet. bg

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