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Microcap & Penny Stocks : E-COMMERCE by JVWEB, INC. (OTCBB:JVWB)

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To: GC who wrote (581)5/24/1999 1:00:00 PM
From: jerry  Read Replies (1) of 767
 
I spoke to JVWB's lawyer Randy Heinrich this morning, and he basically confirmed my own conclusions. He said that, though the stock price probably qualifies for a redemption call, there is no forced redemption at this time, just a voluntary one for those who choose to exercise. They expect a lot of warrant holders will exercise them now, voluntarily. And he said the company will mail out written notice to warrant holders, and most likely issue a PR at the same time, giving 30-60 days notice before any forced redemption.
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