SI
SI
discoversearch

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 : Zia Sun(zsun) -- Ignore unavailable to you. Want to Upgrade?


To: Francois Goelo who wrote (5404)11/1/1999 10:29:00 PM
From: StockDung  Read Replies (1) | Respond to of 10354
 
Francois, YOU have been branded as a k-man tout on SI so do you really think anyone really cares about your manipulative posts anymore. How about explaining why the 10sb has not been approved by the SEC. Its been a month and a half since it has been filed. NFW will it be approved you silly tout!! BTW Francois, like always ZSUNE must be feeding you inside information again. I hope they actually do this so I ca SIUYA

4) ZSUN is seriously contemplating, from what I have read in a couple posts, to issue one share of Asia4sale for every ten shares held in ZSUN, as a stockholder Dividend, that should help force the short position to cover...



To: Francois Goelo who wrote (5404)11/3/1999 9:18:00 AM
From: StockDung  Read Replies (1) | Respond to of 10354
 
"so I Want PROOF of the Convertibles, not a Bunch of Irrelevances..."

F. Goelo + + +


tenkwizard.com August 17, 1999, we entered into a convertible preferred stock
purchase agreement with Deephaven Private Placement Trading Ltd. and Hornbower
Investors LLC pursuant to which Deephaven and Hornbower were each issued 150
shares of convertible preferred stock and received warrants to purchase 120,000
shares of our common stock. The preferred stock is convertible into a variable
number of shares of our common stock at the option of the preferred
stockholders. In addition, subject to certain exceptions the preferred stock
automatically converts into common stock on August 17, 2002. Holders of
preferred stock are entitled to receive cumulative dividends at the rate of
seven percent per year, payable in cash or shares of our common stock. We may
redeem the preferred stock at any time, with prior notice, if the conversion
price falls below or equals $1.75 per share. The warrants may be exercised at
any time during the five-year period following their issuance at an exercise
price of $2.43756 per share. In connection with this private placement of
preferred stock and warrants, we issued warrants to purchase 150,000 shares of
common stock to Cardinal Capital Management LLC. Cardinal Capital Management
LLC, who also received a payment of $180,000, acted as a finder in this
financing.
To: C M Burns (1356 )
From: Francois Goelo Sunday, Sep 12 1999 11:32PM ET
Reply # of 1504

I got the 10 hits too but no proof of Floor-less Convertibles...

Instead, I looked at a financing deal, for example where WEC Asset Management bought ADRN shares at 110% of Market value ($4.26/share when it closed at $3.37 last Thursday...), which would seem to indicate a good deal for the Company. I can't see why SFLK wouldn't have obtained as good a deal, so I Want PROOF of the Convertibles, not a Bunch of Irrelevances...

tenkwizard.com.

F. Goelo + + +