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Microcap & Penny Stocks : Conolog Cp

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To: PartyTime who wrote (7)2/4/2000 8:39:00 PM
From: LadyNada  Read Replies (1) of 428
 
More info on the warrants:

<MisterQ> Each Class A Warrant entitles the holder to purchase one (1) share of
<MisterQ> the Company's Common Stock, at a exercise price of $6.00, subject to
<MisterQ> adjustment, from January 22, 1998 through August 30, 2002. The Class
<MisterQ> A Warrants are subject to redemption by the Company commencing the
<MisterQ> earlier of (i) 24 months from the date of the offering or (ii) 12
<MisterQ> months from the date of the offering, with the consent of the underwriter,
<MisterQ> on not less than thirty (30) days notice at $.05 per Class AWarrant,
<MisterQ> provide
<MisterQ> cnlgw terms
<MisterQ> provided the average closing price of the Common Stock exceeds $7.20
<MisterQ> per share for twenty (20) consecutive trading days ending within fifteen
<MisterQ> (15) days prior to the notice.
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