Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Microcap & Penny Stocks : PLCO Internet collectables, childrens toys...etc -- Ignore unavailable to you. Want to Upgrade?

To: redwood who wrote (715)	8/29/1999 1:07:00 AM
From: Baton	Read Replies (1) \| Respond to of 1296

redwood: I don't know those numbers off the top of my head. However, I do remember that one of the issues (either the E's or the F's) are just part of a financing deal with a private institution and are not available for trade. I also think that the shares have been increased to cover the dilution that happens at the end of the year. I don't think this is cause for alarm as it is a simple necessity in order to convert 6-1 for the P's and possibly for the W's. I have been buying the W as it is a most interesting play. If I remember it right...when and if the P's reach $5, the W's are convertible to a P which is convertible to 6 common. My last purchase of W's was 2k @ .19ea ($380). If I am able to convert @ $5 and the common is ..say ..$3, we will have turned .19 into $18 ($36,000)which is pretty close to a 100 bagger. This is far from FDIC insured, but it is a gamble that I'll take. Baton