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Biotech / Medical : CMTR-CHEMTRAK FDA OK

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To: Mr. E who wrote (1141)11/23/1998 5:35:00 PM
From: Ipso facto  Read Replies (2) of 1172
 
E
Some convertible preferred money was raised .....not sure when ( no-one will tell me although it wont be hard to find out, I believe that it was a floor-less convertible of the usual toxic variety.

It follows that if a floorless convert was issued by CMTR to investors (Bach & co) then common stock will eventually find its way back to the public float.....
At what conversion price ? who can say ........
Why not ask CMTR what they sold Wescott ?
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