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Microcap & Penny Stocks : Tokyo Joe's Cafe / Anything goes
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To: Dave Gore who wrote (5479)4/9/1998 11:46:00 AM
From: pat w.  Read Replies (1) of 34592
 
REF IFLYW, COURTESY OF DAVE GORE. check out "arb" on ETELW, RMIIW
WITH common stock. THIS IFLYW will pick up.

thnaks to dave gore.

To: +Instock (5469 )
From: +Dave Gore Thursday, Apr 9 1998 10:33AM ET
Reply # of 5550

YES, the IFLYW are a great play! 450% gain still possible

Remember my post from yesterday.....
I just purchased the warrrants after talking to the Underwriting firm and receiving the fax. Here is how they work in the clearest language I know how:

EXPIRATION: JAN. 13, 2003 (i.e. no factor to worry about)
STRIKE PRICE: $6.25
CALLABLE: at $10 per share
*******MAXIMUM GAIN******************$3.75 per warrant
*******CURRENT PRICE*************about .78 per warrant (as of now)

That's an 4 bagger. And you have nearly 5 years for the stock to appreciate to that level (i.e. $10)

Yes, you have almost 5 YEARS for this stock to reach $10 and get your $3.75 per warrant (i.e. nearly an 450% GAIN from current levels) or you can sell the warrants anytime along the way just like a stock.

If the stock itself appreciates to a level of $10 or more for 7-10 days (i.e closing price at $10 or above), the Company has the right to call them and pay you $3.75 per warrant purchased.

Of course you could lose all your money if the stock tanks, but this one looks pretty strong as Joe said. I believe Joe's price was 11 on this and remember you can sell your warrants ANYTIME along the way. The warrants trade just like stocks....it doesn;t have to reach $6.25 for you to sell.

HAPPY INVESTING

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