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


To: Ga Bard who wrote (5969)6/9/1999 4:34:00 PM
From: one_less  Read Replies (1) | Respond to of 7039
 
<<Now you state their are a lot of avenues ... please share one that is better than raising the price of the warrants that would be non dilutive, and legal.>>

I simply think you have deliberately avoided discussion on what could be done. The reason is obvious as you and I have stated. 45million additional income from the warrant holders.

The warrant holders on this thread have all posted there agreement to support solutions to arbitrage. Raising the exercise price does nothing to effect arbitrage exept delay it or by making the Warrants worthless.

We could as has been suggested make the warrants private and restricted from trade. Everyone owning them might be willing to register them with MIDL until a certain date to be exercized only not traded. You dismissed this and said we should trade them. I am real confused by that since that is the avenue for arbitrage.

Your enemy,
brees