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Microcap & Penny Stocks : TFRY (was FRYA) Tasty Fries, Inc.
TFRY 0.000010000.0%Mar 7 3:00 PM EST

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To: squeakywallet who wrote (621)12/20/1996 11:12:00 PM
From: Richard Mazzarella   of 2405
 
Mark, it has nothing to do with the price. It's based on just the number of shares. Each 20 of your current TFRY shares will be converted into one share of FRYA. The price of FRYA will be whatever someone is willing to pay for it. Based on today's close of $0.165 one would think that FRYA would trade at $3.30. However, I would be surprised if FRYA holds at or above $1.50. We are still in tax loss season and there are going to be some pissed off shareholders selling.
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