Restaurant Teams International, Inc.-RTIN Message Board

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Microcap & Penny Stocks : Restaurant Teams International, Inc.-RTIN

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To: CHIPNHOLE who wrote ()	9/10/1998 11:39:00 AM
From: Howard C.	Read Replies (1) of 3351

The news release of 9/9 appears to be deficient in defining the conversion ration of warrants to stock. It says: "..each shareholder as of the record date will receive one (1) warrant to purchase an additional share of RTIN for a period of 24 months following the record date with a strike price of $5.00 per share." WHAT DOES THAT MEAN?? Does it mean that for each share of RTIN you get a warrant for one additional share on a one-for-one basis? Or does it mean that even if you own 1,000,000 shares you get a warrant for ONE MORE SHARE, what a deal? Or does it mean something else. In my opinion, this very important statement could have used some editing. I have so informed the company, and they are addressing it.

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