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Biotech / Medical : SNRS- Sunrise Technologies

SNRS 0.000001000

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Jun 6 11:01 AM EST

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To: TheLineMan who wrote (3670)	1/14/2000 1:05:00 AM
From: Rich Wolf	Read Replies (1) of 4140

WRONG again, line-man... The LEAST they convert at is $3/sh, and likely much higher. Read it for yourself, again: << The financing vehicle is convertible debentures that carry a 7% per annum coupon for a term of two and a half years. They convert at the option of the investors at a price set at a discount of 25% to the average of the 10 lowest closing bid prices for the Company's common stock in February 2000. The conversion price will not be above $13.67 or below $3.00. >> They'll probably hold and collect 7% more shares per year, rather than convert any time soon, unless the price falls below the mid-teens for any period of time. You really are short a ton, aren't you? Spreading disinformation, TSK-TSK, what did your mother teach you about that? SHAME!

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