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Microcap & Penny Stocks : HEARTLAND WIRELESS COMMUNICATIONS INC (HART)
HART 1.790+8.5%Mar 31 5:00 PM EST

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To: RCJIII who wrote (94)4/2/1999 7:00:00 PM
From: Jon Scott   of 178
 
The old stock has value.
It's undetermined what it is until litigation is complete.
But it appears that 2.5% of the new common will be reserved for warrants issued to holders of the old common.
There were 19.5 million fully diluted old common.
That's what made sense from a call I just made to the company.
There was a CC on 3/22 but there is currently no transcript available, but should be soon upon approval.
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