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Microcap & Penny Stocks : Amazon Natural (AZNT)
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To: bmart who wrote (4583)9/10/1998 5:49:00 PM
From: Hawkmoon  Read Replies (1) of 26163
 
Mr. Bmart,

Is there a particular reason you seem to be avoiding answering the issue of the exact conversion ratio for new preferred to new common??

Would it bother you or any other long shareholders to dicover that there were 60 million preferred shares (or equivalent conversion ratio) provided in exchange for the old common??

Will shareholders have actually gained anything if the amount of new preferred given to insiders is a 1 to 1 ratio?? You'll still have some 60 million shares out there since the preferred could be converted to new common and sold into any squeeze that results.

Why are you so opposed to demanding restrictions on the exercizing of preferred conversions for a period of 6 to 12 months??

Is there something wrong with demanding restrictions??

If you don't respond to this, I'll just have to assume you fully understand the situation and have another agenda than preserving shareholder's equity.

Regards,

Ron
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