SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Microcap & Penny Stocks : Stella Bella (SBAM)

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: John Cinicolo who wrote (62)9/21/1997 6:35:00 PM
From: grw5   of 94
 
John,
That is my concern as well. The value could easily drop more than 50% in the year between exercising the series A warrants and being able to sell the stock if it is restricted and that's not even getting into the series B(60%), C(70%), or D(80%) warrants. The preferred shares and "stock participation right" may still have some value down the road, but I'm not sure there won't be some other catch there as well.

One thing the company has maintained is that they wanted to slow down the trading to give them time to develop their various projects and keep speculators out. They are certainly succeeding on that count.

Best of luck,
George
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext