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Gold/Mining/Energy : MedcomSoft Inc. (MDCM)
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To: keith massey who wrote (132)12/21/1999 7:27:00 PM
From: AriKirA  Read Replies (1) of 140
 
I guess they are in a giving mood! It must be the holidays...

Here are the closing prices for the month of December:

Date Ex Open Hi Lo Close Chg Vol #Tr

Dec 21 1999 C 1.500 1.750 1.500 1.750 +.200 94700 20
Dec 20 1999 C 1.550 1.600 1.500 1.550 +.000 61600 14
Dec 17 1999 C 1.450 1.550 1.450 1.550 +.150 76352 15
Dec 16 1999 C 1.500 1.600 1.400 1.400 -.200 54935 17
Dec 15 1999 C 1.900 1.900 1.550 1.600 -.350 143989 46
Dec 14 1999 C 2.150 2.150 1.850 1.950 -.200 147150 37
Dec 13 1999 C 2.100 2.200 2.050 2.150 +.150 243735 45
Dec 10 1999 C 2.450 2.650 1.900 2.000 -.250 422555 94
Dec 9 1999 C 1.650 2.500 1.600 2.250 +.700 128430 44
Dec 8 1999 C 1.500 1.750 1.400 1.550 +.100 153766 35
Dec 7 1999 C 1.400 1.500 1.350 1.450 +.150 62500 18
Dec 6 1999 C 1.100 1.600 1.100 1.300 +.200 126500 31
Dec 3 1999 C 1.050 1.150 1.050 1.100 +.000 120200 25
Dec 2 1999 C 1.200 1.200 1.100 1.100 +.050 153950 26
Dec 1 1999 C .900 1.150 .850 1.050 +.200 246600 31

The last closing took place today... I wonder when the offering began.

I don't really agree with giving out special warrants at 0.80!

If you read this post Message 8711747 you will notice the following excerpt:

I was told that they would be willing to proceed with a second offering if the shares are issued at a reasonable level. Asked on what he considered to be a reasonable level, he replied $3-$4. Therefore, I personally think that such an offering will take place in a few months. I presume it will be for 2,000,000 - 3,000,000 shares.

Heck, they were pretty much off on everything else so no surprise here.

Dilution at ridiculous prices pretty much sums up what I think of this offering.

Kind Regards
AJ
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