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Microcap & Penny Stocks : 1ST MIRACLE GROUP (MVEE), founders last co. went $0.20-$46

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To: kbert who wrote (2558)3/11/1999 8:52:00 AM
From: Banditjrjr  Read Replies (2) of 5541
 
Hey guys, thanks! I still don't quite understand the warrants thing though??

Tell me if I am correct:

The company issues Warrants(Gives stock to stock holders for fixed price and time) then if the stock goes above this warrant price, stock holders can sell it, but what does it mean that the company take them back at $.05 ???

I think I need help here?

John
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