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Non-Tech : Bradlees

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To: Father E. who wrote (37)3/1/1999 10:58:00 PM
From: Bosco   of 38
 
G'day all - a cyberfriend of mine and I were talking about BRADV elsewhere, and he, Crossy, brought to my attention that there seems to be a $40MM convertible hanging out there (see below)

exchange2000.com

this can a potentially lethal financial instrument against the common shareholder (see below)

exchange2000.com

Be forewarn of the danger

Disclaimer: I ve no position in BRADV either way, therefore, I ve no ulterior motive, except that I ve been burnt by the toxic debt several times and I know the pain it can cause. Also, I ve not gone in depth to see if this is truly a floorless, but IMHO it is better safe than sorry.

good luck

best, Bosco
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