MIDL .... A Real Sleeper Message Board

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

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To: Jack of All Trades who wrote (2112)	7/8/1998 5:00:00 PM
From: Netnut7	Read Replies (1) of 7039

I am really pissed if what I'm reading here is how things are working out. I bought MIDL commons a week before the end of May. Converted to the preferreds the 1st week of June upon hearing on this thread that I would be entitled to the 1:2 dividiend/split. Been holding through all this crap thinking that the extra shares might make up for some of the shananigans here, and now I may not be entitled to the extra shares and the shares I have been holding onto are worth 60% LESS THAN LAST WEEK? THIS REALLY SUCKS. So now my $9,000 is worth $1,700? Gee if it converts to common I'll have 12,250 shares at probably 12 cents/ share so i'll end up with $1,470. Might as well sell before the conversion. The only hope I have is that some of the increadibly intelligent investors who are stepping in and who are looking after things here will be able to salvage what is left of the situation and help us all move foreward with some new opportunity. Not feeling too confident that the conversion in October will be put off either at this point, Kevin A.

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