Microvision (MVIS) Message Board

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Microcap & Penny Stocks : Microvision (MVIS)

MVIS 0.890

-2.7%

3:59 PM EST

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To: Josef Svejk who wrote (1892)	1/27/1999 10:40:00 AM
From: JDN	Read Replies (2) of 7721

Dear Humble one: I am busy today and dont have the time to stop and think. But, I am not quite sure what this Preferred stock means? Is it dilution? Or is it a sort of cap on the common stock price? Presuming the company is successful, I think it is a foregone conclusion the options will be exercised to acquire more Preferred Stock at the indicated prices. Will THAT new Preferred be exchangeable into Common at $12.50 or the higher prices mentioned? Anyone have any thoughts? JDN

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