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Microcap & Penny Stocks : MIDL .... A Real Sleeper -- Ignore unavailable to you. Want to Upgrade?

To: lazarre who wrote (5868)	6/8/1999 8:00:00 PM
From: Shell Searcher	Read Replies (1) \| Respond to of 7039

Gary, I too like the idea of not doing a 15c2-11 on MIDLW, but leaving them in the hands of the existing warrant holders. That way we will get a chance to exercise the warrants as the price of MIDL dictates. No arbitrage, no muss, no fuss. If we can prevent the MIDLP's from converting, then we have a nice clean shell, small MIDL float, assets of 1.3M shares of CBQI, for a nice acquisition. New company gets the warrant proceeds, no need for future funding. Anyone see any holes with this proposal? Gee, if this keeps up, we'll make SI Hot Topics. Haven't see this many posts in a long while.