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Microcap & Penny Stocks : MIDL .... A Real Sleeper

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To: Ga Bard who wrote (2047)7/8/1998 10:27:00 AM
From: one_less  Read Replies (1) of 7039
 
What???
"I think warrants are anticipated holdings where the P and common are actual holdings. So I believe the dividend on the Liquidating Trust goes to the actual shareholders not anticipated shareholders."

Isn't the P an anticipation of gaining 35 Commons, where as the W is an actual 1 to 1 exchange at the exercise? The W's aren't like options where they just cease to exist in a couple of months. If I don't exercise them, MIDL can force the exercise, which makes me see them as a Common in the waiting room.

W holder,
brees
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