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Microcap & Penny Stocks : LENP.T (LXPYF-OTC.BB) Best story ever?
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To: Euan Hayward who wrote (466)2/9/1998 11:38:00 PM
From: JR   of 619
 
Euan,

There were very large block being handled for about 2+ weeks there, multiple (trades) in excess of 1 mil. I have followed this company for three years and have never seen volume this high, the only possible reason that made much sense to me was that preferreds were being converted to common and no actual trade was being made, I do not know how Canada handles conversions, so this may not be the case with this company, if you or anybody knows for sure let us know, with the volume that occured there could be major dilution.

Thanks

JR

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