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.
Biotech / Medical : ACMI - Accumed Inc.
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: CARYTRE who wrote (1470)2/24/1998 12:07:00 AM
From: Sigmund  Read Replies (3) of 1894
 
> The net equity deficiency is now behind us. >

That is not how I read the PR release. Better read it again. The wording is fuzzy but I think it implies that they are part of the way there but not all of the way to meeting the net assets requirement. So I think that there is more dilution in the cards.

One also has to think about why a debt holder would convert to preferred shares and drop down in the pecking order re liquidation rights.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News