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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: Jacalyn Deaner who wrote (104)4/3/1999 12:07:00 PM
From: Jacalyn Deaner   of 178
 
Selected paragraph concerning old shares and new shares. I hope this helps and I would appreciate any other interpretations and comments that I may have overlooked while reading all these documents. Jacalyn

3. SURRENDER OF INSTRUMENTS.

As a condition to receiving any distribution under the Plan, each
holder of an Old Senior Note, Old Convertible Note and Old Common Stock Interest
must surrender such Old Senior Note, Old Convertible Note and Old Common Stock
Interest to Reorganized Heartland or its designee. Any holder of an Old Senior
Note, Old Convertible Note or Old Common Stock Interest that fails to (a)
surrender such instrument or (b) execute and deliver an affidavit of loss and/or
indemnity reasonably satisfactory to Reorganized Heartland and furnish a bond in
form, substance, and amount reasonably satisfactory to Reorganized Heartland
before the first anniversary of the Effective Date shall be deemed to have
forfeited all rights and claims and may not participate in any distribution
under the Plan.


and the effective dte is April 1, 1999???
I am also calling the attorney who filed the Chapter 11 Bankruptcy case #98-2692JJF at 214-746-7700 Monday to see what they can tell me.
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