SI
SI
discoversearch

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.
Technology Stocks : LUMM - Lumenon Innovative Lightwave Technology Inc.
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: lindend who wrote (1162)11/21/1999 9:54:00 AM
From: richroni  Read Replies (1) of 2484
 
Linden, are you sure these are "floorless"? I could be wrong, but my reading is that they have fixed conversion prices.
With regard to the Molex warrants, Lumm issued a release on 11/16 stating that:
"Under the agreements announced on May 22, 1999 between Lumenon and Molex Incorporated, Molex was issued warrants to acquire up to 1,666,667 shares of Lumenon common stock at $0.90 before June 2001. Lumenon is pleased to announce that Molex has exercised these warrants for proceeds of $1,500,000. This brings the number of issued and outstanding shares of Lumenon common stock to 23,760,167 (fully diluted 37,209,367)."
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News