NFTI-NOFIRE TECHNOLOGIES INC. Message Board

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Microcap & Penny Stocks : NFTI-NOFIRE TECHNOLOGIES INC.

NFTI 0.0190

0.0%

Oct 21 9:30 AM EDT

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To: Rayh99 who wrote (7)	4/23/1997 9:35:00 PM
From: Bo Bob Brain	of 16

Have no idea when warrants will be exercised. Company can also exercise 990,000 warrants @ $1.00. NoFire has handled the warrant situation very nicely so far. Most small caps would have converted many of those options by now, driving down the price. Since this is a relatively illiquid stock with a small public float, Sam Oolie & the boys must handle the situation very carefully. NFTI needs cash very soon. Perhaps they will wait ( but not too long ), for the share price to exceed $3.00. Monitor the trading VOLUME CLOSELY. If you see trading exceed 200,000 or so within the first 2 hrs. of trading, and the price jumps up, DO NOT BUY THE STOCK! That is the time to sell, if you bought in cheap. The price will eventually drop below $2.00 again.

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