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Gold/Mining/Energy : Arcon Energy (MIDL Presently) The Ultimate Sleeper
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To: Dave Gore who wrote (2035)6/1/1998 1:13:00 PM
From: Vegas  Read Replies (1) of 4142
 
<< You are missing the point as well.... the only question is whether the DATE, the DATE, the DATE of conversion has changed from OCT. 1 1999 to now! >>

You are confused. Read the press release again (and again if you have to)

<<Can I get the dividend NOW or do I still have to wait until Oct. 1, 1999?>>

The dividend was and always has been payable on May 29th, 1998
The dividend is paid in MIDLP. The conversion refers to MIDLP converting to MIDL common on 10/99.

You are equating the conversion to the actual dividend. Its a 2 step process.
1-The dividend gets paid (5/29/98)
2-The dividend converts (10/99).

So yes the conversion date is changed to 10/98 (from 10/99) for all MIDLP (pre or post-split). But if you don't understand the above this won't make any sense.

JF
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