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Gold/Mining/Energy : T.ITE: iTech Capital (TSE)

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To: teevee who wrote (2060)11/17/1999 3:12:00 PM
From: Rob Davis  Read Replies (1) of 5053
 
Just for everyone's interest...I just got off the phone with
Jim Graham. As I expected, he was very tight-lipped about
whether or not there was a conversion ratio. He basically
stated that any information like that couldn't be made public
until Medsite files their S1s.

Then Jordex could come out with a news release with all the
details.

My question: is a 1:1 conversion ratio considered "worst case"
or is there a possibility of a lower number of shares due to a
possible conversion? Anyone familiar with other companies doing
the same sort of thing?

Cheers,
Rob
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