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Gold/Mining/Energy : NP Energy Cp New

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To: Ken Sammut who wrote (13958)2/4/1999 10:36:00 PM
From: KMT  Read Replies (1) of 22810
 
Ken:

Just so people are perfectly clear on this and make an informed investment decision...

boston.com

NPEC holds a total of 4,707,950 shares of Medinah Class A Preferred shares. After conversion that translates to about 18.8MM shares of MDIN.

Those shares are convertible over a 4 year period beginning this July so I believe you'll see them discounted a bit when figuring a proper market cap for NPEC.

Along with that there's some properties in Brazil, a telecommunications company, and a Silver mine. It's likely you'll hear more about those in the coming weeks. There may be some other assets that I'm unaware of.

Cheers,

KMT
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