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Gold/Mining/Energy : Arcon Energy (MIDL Presently) The Ultimate Sleeper

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To: Dusty who wrote (1166)5/27/1998 5:49:00 PM
From: Ga Bard  Read Replies (1) of 4142
 
I have done research on many a company and I mean a bunch of them... NO COMPANY I ever researched would have done this dividend and all with out a reason ...

Maybe I am be to hard nosed but I just can't conceive the goodness of the heart scenario.

GB

MIDL New Investor Information Post

Message 4608046

Redundant questions:

Coomon: for the price MIDL is trading at you get one security of ownweship Midland, Inc. '

Warrants: MIDLW ... They will be exerciseable after the 3 day settlement date and the TA has the resolution today. Ok you buy the warrant for the warrant price .. then you pay an additional .50 to exercise it ...

Example: warrants is .56 plus the .50 exercise = $1.06 AMSC

Perferred : MIDLP ... You buy the P for $26.50 you are buying 35 shares of common for an AMSC of $0.77 however you add in the dividend of 50% you will get a half a share of P which equates to 17.5 shares of common.

Example: 100 shares of P @ $26.50 = $2,650.00 = .50 AMSC

For a long term hold and capitalize on the stock to the max degree this is the buy. Of course it is a long term hold because the existing trading P is Oct 1, 1998 which will automatically convert in your account where the dividend will not but it will convert on Oct 1, 1999.

Dividends: The dividend will be pay to all shares held in an account regardless of when you bought at the close of Friday May 29, 1998. If you buy at 3:59 MIDLP Friday afternoon and it is confirmed by the broker you get the dividend.

DF-144: Is a real product and they have over 200 tests on it verifying the product and 3 major compnies have tested it before they came public. It has been produced, sold and even use in NASCAR.

Negotiations: They are in negotations with two major oil companies as per the news releases.
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