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Microcap & Penny Stocks : ASXI: A QUALITY speculation

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To: RidgeRunner who started this subject7/5/2000 2:16:00 PM
From: RidgeRunner   of 8
 
Only 2 days left to take advantage of the incredible ASXI convertible preferred dividend opportunity.

Take a look at the two ASXI PRs dated June 29 to see details.

You can get a "free" share of preferred stock for each 3 shares of the common stock. Each preferred share is worth a minimum of 25 cents if you do nothing else but sell it back to the company.

So, do the math. If you buy 3,000 shares of ASXI at the current (July 5) price of .70, it will cost you $2,100 plus commissions. If you are a shareholder of record on July 7, the company will send you 1,000 shares of free preferred stock on or about July 17th. With a cash value of .25/share, your free preferred is worth $250. This is about a 12 percent rate of return on your investment! Not bad for holding the shares for less than a week!

Do your DD.

Yes, I'm long ASXI.

RR
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