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Gold/Mining/Energy : T.ITE: iTech Capital (TSE) -- Ignore unavailable to you. Want to Upgrade?

To: SwampDogg who wrote (2010)	11/17/1999 11:24:00 AM
From: keith massey	Read Replies (1) \| Respond to of 5053

Have you checked out the status of the preferreds? Are they straight or convertible? Fuddle...I thought you were calling since you brought it up. KEITH

To: SwampDogg who wrote (2010)	11/17/1999 3:16:00 PM
From: keith massey	Read Replies (1) \| Respond to of 5053

Have you checked out the status of the preferreds? Are they straight or convertible? I finally got Jim on the phone. The shares are convertible but JDX is not going to release anything on the conversion rate until after the Medsite.com S1's come out. We know that the conversion is at least 1:1 since they are preffered shares but don't have any evidence at this point that it will be higher than this so lets not even speculate and get stars in our eyes. We will know as soon... EDIT or is there a possibility of a lower number of shares due to a possible conversion Saw this after I posted....JDX had the choice of converting the note to either convertible preferred stock or common stock. I have never seen a lower ratio than 1:1 on preferred stock. The question I guess is it higher than 1:1 or just 1:1...again I don't think we should speculated. Best Regards KEITH Best Regards KEITH