JMAR Technologies(JMAR) Message Board

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Technology Stocks : JMAR Technologies(JMAR)

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To: Starlight who wrote (4327)	12/4/1997 11:35:00 PM
From: Richard N Lambert	Read Replies (2) of 9695

Betty; I am confused, I thought the only way lowering the stock price would benefit the holder of the units if their shares are based on a future stock average. The units sold by JMAR are fixed price per share and not subject to a conversion factor. I have seen offerings (debentures) that are based on a 20%+ reduction to the average price of the stock for the past 5 business days. These convertible debentures have a certain time frame for conversion and thus it would be the best interest of the holder to reduce the stock price to obtain maximum number of shares. Am I wrong here? Rich

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