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Microcap & Penny Stocks : IGNE Igene Biotechnology
IGNE 0.000010000.0%Mar 6 3:00 PM EST

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To: TARIQ STOCKS who wrote (9)5/13/1998 11:12:00 AM
From: Micropicker  Read Replies (1) of 209
 
The SEC filing says

that 50 million units were issued. That they can be converted into one share of common stock for 10 cents. That they may be exercised upon issuance. Sure this was a great deal, but is the stock worth buying at .19 when this overhangs it?

This really needs to be clarified.

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