Frank, all, remember it is actually in Actv"s best interest not to promote the stock prematurely. They are buying back the preferred.
When really good news must come out it will.
Also, Samuel's exercised some options. That's bullish. He feels its time to own more.
Final Purchase Date Minimum Repurchase Requirement
------------------- ------------------------------
on January 29, 1998 10,000 Preferred Shares
on or before February 27, 1998 20,000 Preferred Shares
on or before March 31, 1998 40,000 Preferred Shares
on or before April 16, 1998 55,000 Preferred Shares
on or before April 30, 1998 70,000 Preferred Shares
on or before May 15, 1998 90,000 Preferred Shares
on or before May 29, 1998 110,000 Preferred Shares
on or before June 15, 1998 130,000 Preferred Shares
on or before June 30, 1998 150,000 Preferred Shares
Each preferred equals $25. |
