LUMM - Lumenon Innovative Lightwave Technology Inc. Message Board

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Technology Stocks : LUMM - Lumenon Innovative Lightwave Technology Inc.

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To: Don Johnstone who wrote (1929)	7/30/2000 12:17:26 PM
From: wonk	Read Replies (1) of 2484

...Do you have the link to back that up, or is this just opinion? Um, I think you need to read the fine print, ALL of the fine print. Just as an example: ... In addition, upon the occurrence of an Event of Default, if the Corporation receives from any Holder a Default Notice (as hereinafter defined) and demands all amounts immediately due and payable hereunder, the Floor Price shall permanently be reset to $.001 and not be subject to any further adjustment pursuant to Article VIII hereof or otherwise, and the Vesting Date (as defined in the Warrants) shall be deemed to have occurred, thereby rendering the Warrants immediately exercisable in accordance with their terms. Following the submission of a Default Notice, the Holder of this Note shall have the right to continue to submit Notices of Conversion and to convert this Note until such time (if any) as the Corporation pays to the Holder the Default Amount.... edgar-online.com More like that. Happy reading. ww

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