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To: dreamer who wrote (6034)6/10/1999 12:49:00 PM
From: Ga Bard  Read Replies (1) | Respond to of 7039
 
From what I can relate to in studying stock coming out of a halt.

The common wil be first and only a bid will be present so those that want to sell can. Now once the NASD approve the common it is nothing for the warrants to be sponsored.

The first 30 days nothing of any subtance because the sponsoring MM wants an inventory ...

Now the key to all this is if the BOD will announce once the warrants are up that they are raising the warrants to $5.00 this will nail anyone who is anticipating using the warrants to arbitrage or cover. Going to get intereting if it comes back trading.

I can not tell or predict what will happen since this is my first halt to be involved with. But 3.5M in the common float and 9M warrants it looks promising though.

Just have to get it trading.

:-)

GB