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Microcap & Penny Stocks : Microvision (MVIS) -- Ignore unavailable to you. Want to Upgrade?


To: dwight martin who wrote (2828)6/8/1999 4:11:00 AM
From: Ronald Kronemann  Read Replies (1) | Respond to of 7721
 
dwight, how do you arrive at 6 million mvisw, the original filing was for 2.25 million?

Apart from this difference in our numbers, I don't think anything is wrong with your thoughts. I just fear that I would sell much too cheap and don't get a good chance to buy back.

Ronald

Extract from Microvision 424B4 filed with the SEC on 28 August 1996

sec.gov

Page 1

Microvision, Inc., a Washington corporation ("Microvision" or the "Company"), is hereby offering 2,250,000 units (the "Units"),
each Unit consisting of one share of the Company's common stock, no par value (the "Common Stock"), and one warrant to
purchase one share of Common Stock (the "Warrants"). See "Underwriting" for a discussion of the factors considered in
determining the initial offering price (the "Unit Offering Price"). The Common Stock and Warrants that make up the Units will
separate immediately upon issuance and will trade only as separate securities. Each Warrant initially entitles the holder
thereof to purchase one share of Common Stock at an exercise price of $12.00 per share, subject to certain adjustments.
The Warrants are exercisable at any time, unless previously redeemed, until the fifth anniversary of the effective date of this
offering, subject to certain conditions. The Company may redeem the outstanding Warrants, in whole or in part, at any time
upon at least 30 days prior written notice to the registered holders thereof, at a price of $.25 per Warrant, provided that the
closing bid price of the Common Stock has been at least 200% of the exercise price of the Warrants for each of the 20
consecutive trading days immediately preceding the date of the notice of redemption.



To: dwight martin who wrote (2828)6/8/1999 10:24:00 AM
From: Josef Svejk1 Recommendation  Read Replies (2) | Respond to of 7721
 
Humbly report, dwight, been thinking about that conversion dilution pressure as well, like probably every Microvision shareholder.

No doubt in my mind that given no news, MVIS will go down some, due to the conversion.

However, what if news comes out, which can happen anytime, of course?

It is a dilemma, for sure. I'd love to sell at conversion top and get back in near the new bottom, but so would everyone else. Don't see how TA is going to help us much in this "possible news anytime" situation either.

Not sure what the best course of action is, but two humble thoughts keeps coming back - If I sell, I may end up chasing. If I simply hold, in a couple of years I doubt I'll consider that to have been a mistake.

Decisions, decisions . . .

Cheers,

Svejk
proofsheet.com