CRYOPAK CII.V Message Board

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Microcap & Penny Stocks : CRYOPAK CII.V

CII 23.16

-0.8%

Dec 4 4:00 PM EST

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To: Brister who wrote (277)	6/22/2000 4:37:00 PM
From: Brian MacDonald	Read Replies (1) of 298

Brister, This isn't extra cash. It's money they already had and likely spent and couldn't return anyway or even pay the yearly interest payment on. Note that the $0.95 conversion price is the best price this deal could be done at. I'm disgusted that I even own some of this company. I'm sure I'm not alone. I guess BT Barnum was right because I bought their BS too. With this deal for friends, I would expect some news soon to help bolster the stock. Otherwise, why convert the bond? They were supposed to be getting 12% on their money which isn't bad by today's standards. Perhaps CII couldn't pay the interest payment again this year. Volume is still the pits and the stock is just languishing at these levels. Brian

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