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Microcap & Penny Stocks : Newriders, Inc (NWRD) Easyriders Restaurant

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To: P.Hronis who wrote (91)4/20/1998 10:38:00 AM
From: FILFOTO  Read Replies (1) of 119
 
I read it. Will read it again. Could you summarize at all? If I read that correctly the price can continue to be driven below 2.00 and they will profit even more. Only cap being can not end of with more than 4.9% of shares of Com.

If they could maintain the current price for 20 trading days $1.90 for instance, then they can redeem for shares at 1.90 x .80= $1.52. Correct???

Given the following scenario, is there a next for me/us? First reaction is that I could get out and come back in a few weeks later with little change in price. I have several Penny Stocks flying and could probably recover everything I have lost.

Thanks for the info. Nice to know someone is still out there. Where do you see this stock going?

Robert
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