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Microcap & Penny Stocks : Bowser Subscribers
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To: Sam Ferguson who wrote (696)3/17/1998 10:39:00 PM
From: John F. Poteraske  Read Replies (1) of 897
 
Sam-I wasn't sure if you owned the gegpw. But they announced
today march 17th that they will extend the expiration date
of it's 800,000 redeemable warrants for one additional year
to May 23, 1999. Each warrant entitles the holder to purchase
one share of common stock at a price of $3.25. The stock has
come all the way down to $1.50. So it will take some good
earnings improvements in order to get the stock price above $3.25
, but what the heck it gives holders a chance.

JP
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