Restaurant Teams International, Inc.-RTIN Message Board

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Microcap & Penny Stocks : Restaurant Teams International, Inc.-RTIN

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To: Howard C. who wrote (3238)	9/12/2000 11:24:48 AM
From: TraderGreg	Read Replies (1) of 3351

No take genius to figure that out Howard. If they spinoff RSI, all RTIN holders should be entititled to spin off shares as well, all RTIN warrant holders would have to have warrant strike prices adjusted accordingly as well, to reflect the spin off For example, if the warrant was for 50 cents, but rsi is deemed to be 1/4 of that value, then the warrant would adjust to 37 1/2 strike plus an equivalent differential to buy RSI spinoff as well. But right now RTIN is not the owner of RSI, remember? They will have to go to court to undo RSI's termination of the merger. TG

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