Tokyo Joe's Cafe / Societe Anonyme Message Board

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Microcap & Penny Stocks : Tokyo Joe's Cafe / Societe Anonyme

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To: Gene Kopple who wrote (296)	5/26/1998 12:16:00 PM
From: Dave Gore	Read Replies (3) of 8798

** OK, everybody...how UNDERVALUED ARE THE MIDL WARRANTS (MIDLW)? Lots of PM's, so I hope this explains it clearly! Let's take the realistic cost of buying the MIDL's and MIDLW's right now. (i.e not he current "ASK" but the price you could ACTUALLY buy the MIDL and MIDLW at). MIDL = $1.70 (realistic price right now to buy common at) MIDLW = $.70 right now to buy warrants at MIDLW + .50 conversion fee gets you 1 common share for $1.20 Still 50 cents cheaper to buy a common by buying a warrant fisrt and then converting to a common share The warrants are at a 30-35% discount right now **********LOL! I ALREADY SMELL A "GAP" tommorrow as people finally figure this out!

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