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Microcap & Penny Stocks : The STNX Investor

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To: Steve Borgdine who wrote (207)12/11/1996 6:09:00 PM
From: PAUL ROBERTSON   of 298
 
Hi Steve,
Sounds like baytree is involved and in deeper shit than I thought.
They are short big time and can not find the stock to cover.If STNX
begins delivery and the stock starts to rise baytree is going to have
borrow stock or cash.No one is going to lend them a thing against a
convertable preferred that cannot for the time being,be converted.
Paul
P.S. Hope STNX has all their bases covered as this could get very dirty.
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