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Gold/Mining/Energy : Harken Energy Corporation (HEC)

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To: Rod Copeland who wrote (4108)2/1/1999 1:00:00 PM
From: R F B, Jr.  Read Replies (2) of 5504
 
To All :

News of Redemption of Preferred shares.

biz.yahoo.com

Good News? I may be wrong but I believe the original amount financed was $15mm. Has this cost HEC a quick, cool $10mm?

Seems the F Holders tried to pull a fast one and convert before the shares were exchnaged for "G" perferred. Makes one wonder about the type of people HEC is doing business with.

Believe this still leaves HEC with about $75mm cash. Let's see them support the stock price now.

RFB
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