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


To: redwood who wrote (728)8/29/1999 2:38:00 PM
From: Condor  Read Replies (1) | Respond to of 1296
 
Message 10811400



To: redwood who wrote (728)8/29/1999 2:42:00 PM
From: Pied Piper  Read Replies (1) | Respond to of 1296
 
You are correct. Actually, I haven't looked lately the number of PLCOP issued, so I'm not sure of your figure but I believe it's of that order of magnitude. So there is a major dilution issue here. However, I think most purchasers of PLCOP (myself anyway) are planning to sell BEFORE the conversion date. We are banking on a rise is PLCO, and hence in PLCOP, due to the website and the IPO which are both supposed to happen in the fall.

Piper