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Non-Tech : MFN Mercury Finance

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To: Dale Geffrey who wrote (1219)1/8/1999 7:47:00 PM
From: gary g  Read Replies (1) of 1239
 
does anyone have a understanding,of the warrants, I have heard that one of the proposals was that warrants will only be issued to stockholders of May 15 or before. It is still beon me to understand how any judge would allow this company to go bankrupt. If I understand the company's proposal to give 90 to 95 percent of the company equity to securited lenders and the balance to us stockholder would mean a reversed split is in the cards, I guess the question remains would the split be a hundred to one or a thousand to one. Well if anyone out there has the answers I would surely like to hear them.
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