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Non-Tech : Cityscape Financial (CTYS)

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To: Rational who wrote (1037)10/18/1997 8:16:00 AM
From: Crossy   of 2544
 
Sankar,
regarding the conversion of Converible Preferred Stock B into common shares, I believe that CTYS filed for issuance of 8mio. shares recently (checked it in Yahoo News). Do You know how many of the convertible Preferred B could be converted now ?? We had a similiar situation in EXSO long ago, this also seems to be a "floorless" convertible at work. Maybe we should ask Zev Heed about his comnments...

best wishes
CROSSY
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