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

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To: Ga Bard who wrote (1992)6/1/1998 11:44:00 AM
From: George Burdell  Read Replies (1) of 4142
 
On the split - didn't the news release indicate that certificates would be sent out in about ten days? So the extra shares may not be tangible at this point.

Also, has anyone confirmed with the company that they did actually mean an apples for apples split? In other words, these folks haven't been crystal clear on terms in their other releases regarding the dividend/split and the change in conversion price. Maybe the original one 10/99 share for every two 10/98 shares is still the plan. That would offer P share holders the extended benefit some have been lobbying for...

GB
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