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Strategies & Market Trends : Charts for Quick CASH $$$

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To: scaram(o)uche who wrote (7491)4/28/1998 11:49:00 AM
From: Tummus1  Read Replies (1) of 9262
 
Richard
Here is the info on the warrants that you may wish to keep in mind if TTNP begins to take off:

Each Warrant currently entitles the registered holder thereof to purchase one share of Common Stock at $6.20 through January 18, 2001. The exercise price of the Warrants is subject to adjustment. Commencing January 18, 1997, the Warrants are subject to redemption by the Company at $.05 per Warrant on 30
days' prior written notice if the closing bid price of the Common Stock averages in excess of $9.10 per share for 30 consecutive business days ending within 15 days of the date of notice of redemption. See "Description of Securities." As of
November 22, 1996, 54,100 Warrants had been exercised.

Sorry the formatting is so screwed up.

The terms sound reasonable. Note however they state "The exercise price of the Warrants is subject to adjustment."

Any opinions?
TW
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