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Gold/Mining/Energy : Safe Environment (SFU.AL) - was Roper Resources

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To: Jim Bishop who wrote (352)7/29/1998 10:13:00 PM
From: pennypincher  Read Replies (1) of 635
 
Can someone explain to me how one of the insiders that put up a $100k
debenture recently is allowed to convert it in to stock at 10 cents.
This is illogical. A stock that trades @.40 can grant the insider an option at .10 if he kicks in 100K. Sounds messed up to me.
Or did i miss something in todays news release?
IMO we'll see Roper touch the 20's tommorrow.
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