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Gold/Mining/Energy : NP Energy Cp New
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To: David L Kosakowski who wrote (14906)3/10/1999 9:32:00 AM
From: Mike Gold  Read Replies (1) of 22810
 
David, if I read KMT and Geoff post's correctly looks like in July of this year, NPEC will be able to convert over 1/3 of their MDIN preferred shares. This gives them a little over 6 million shares.
So in July, assuming MDIN share price stays the same(lets hope not!)NPEC would have an asset immediately covertable to $2.5 million dollars or worth 2 or 3 cents a share.
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