Socket Communications (SCKT) Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Microcap & Penny Stocks : Socket Communications (SCKT)

SCKT 1.230

+9.8%

Nov 13 3:52 PM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: J L Segal who wrote (514)	11/13/1999 10:53:00 AM
From: interesting man	Read Replies (1) of 932

Got this from raging bull board about SCKTW >>hey,all- ok, here is how i interpreted my conversation with dave dunlap, cfo of sckt, with regards to sckt warrants (scktw. i apologize to mr. dunlap and to all if i i misquoted mr. dunlap or am a little off on my numbers: exp date 6.5.00 before which time you may exercise 1 warrant + $8.xx to get 4 shares of sckt. upon conversion of the warrant + the $8.xx, your 4 shares of sckt would have a dilutional value of approx. $2.05 each (approx $1.97 if you don't include the price you paid for each warrant, which at this time the ask is approx .31 each) so, you would be in the money once sckt hits 1.97 or so... when sckt hits that price, the company will send out letters to the holders of the warrants explaining how to go about exercising them... i hope that helped... you can reach mr. dunlap at 510.744.2735-- he was a great help and took his time explaining this warrant business to me... i think i'll purchase some today seeing as the price/share value seems to be in an uptrend and the pospects fro this company look fabulous! regards to all, poj

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next