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Gold/Mining/Energy : Global Thermoelectric - SOFC Fuel cells (GLE:TSE) -- Ignore unavailable to you. Want to Upgrade?


To: Stephen O who wrote (2278)6/21/1999 1:07:00 PM
From: pink789  Read Replies (1) | Respond to of 6016
 
$21.6, you wish. But it is in real $$s

I believe it will be "The Series 1 Preferred Shares are each convertible into four Common Shares of stock in the Corporation. Shareholders may elect to convert by forwarding their Series 1 Preferred Share certificate, properly endorsed, to the Transfer Agent, Montreal Trust. Shareholders who do not elect to convert to Common Shares by July 20, 1999 will receive $2.16 plus any accrued and unpaid dividends in United States funds per Series 1 Preferred Share."



To: Stephen O who wrote (2278)6/21/1999 2:08:00 PM
From: speculatingvalue  Respond to of 6016
 
It will be good that they won't have to pay dividends any more.