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Microcap & Penny Stocks : MVSI Brighter future
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To: TheInvestor who wrote (1161)9/18/1997 4:22:00 PM
From: Roger Steiner   of 1287
 
Hi Ben,

Below the "cut and paste" of the official SEC rulings regarding the MVSIW warrants:

Each Class A Warrant entitles the holder to purchase one share of
Common Stock at $4.00 per share until August 14, 2000. The Class A Warrants are
redeemable by the Company for $.05 per Warrant, at any time after August 14,
1997, upon 30 days prior written notice, if the average closing price or bid
price of the Common Stock, as quoted by Nasdaq, equals or exceeds $8.00 per
share, for any 20 consecutive trading days within a period of 30 days ending
within 10 days of the notice of redemption. Upon 30 days prior written notice to
all holders of the Class A Warrants, the Company shall have the right to reduce
the exercise price and/or extend the term of the Class A Warrants in compliance
with the requirements of Rule 13e-4 to the extent applicable.

Anybody knows that rule???

Cheers,
Roger
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