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To: Mr. Jens Tingleff who wrote (48)8/13/1999 12:31:00 PM
From: BDR  Read Replies (2) | Respond to of 60
 
(b) CONVERSION PRICE. The conversion price per share (the "CONVERSION PRICE") shall be initially $ .86333. The initial Conversion Price shall be subject to adjustment, in order to adjust the number of shares of Common Stock into which the Series A Preferred Stock is convertible, as hereinafter provided.

MDIH last traded at 1.44 so the conversion appears to be at a steep discount. However, the stock is traded OTCBB. Even if it ever gets above $5, most of us wouldn't be able to short it. I wonder if those holding this long realize how badly they are getting screwed?