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Pastimes : Georgia Bard's Corner

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To: Galirayo who wrote (2802)5/27/1998 9:07:00 PM
From: Boob  Read Replies (2) of 9440
 
How many times can I buy Ws and convert to Common between now and Oct?

Each warrant can only be exercised once but you can keep buying and exercising as many times as you want...BTW nothing special happening with the warrants in October, it is the P's that convert in October, the warrants can be exercised anytime til 2001 to my understanding

Will that give MIDL Cash Flow and Also Reduce the Ws?

Yes

Thoughts? Say I can only do that ..... 2 times after this Conversion between now and Oct.

Heck you can buy the warrants then convert to common hundreds of times if you want....just each warrant can only be exercised once.

Boob
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