SI Diamond Technology (SIDT) Message Board

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Technology Stocks : SI Diamond Technology (SIDT)

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To: John Grabiec who wrote (66)	9/9/1997 6:12:00 PM
From: Web2	of 623

I have just started to follow SIDT, I was lead to it by the ADOT thread. I am not a share holder yet. I wonder though, what the terms of the nomura preferred stock are? I see no convertion price listed: "According to the terms of the Agreement, Nomura purchased from SI Diamond fifty (50) shares of preferred stock in FEPET for $500,000 under a shareholders' agreement between Nomura, SI Diamond and FEPET. The preferred stock is convertible into 5% of the outstanding shares of the common stock in FEPET (the SIDT subsidiary)." I don't want to speculate, seems the company has been carful in the past to prevent arbitrage situations. commonly known as floorless. Any thoughts? bill :^] of topic, I just joined and I don't like that my name is in caps, Can anyone here tell me how to correct this.

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