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Technology Stocks : VALENCE TECHNOLOGY (VLNC) -- Ignore unavailable to you. Want to Upgrade?

To: kolo55 who wrote (16724)	12/7/1999 1:11:00 PM
From: Pallisard	Read Replies (2) \| Respond to of 27311

What's going on with the price, did I miss some news!?

To: kolo55 who wrote (16724)	12/7/1999 1:51:00 PM
From: add	Respond to of 27311

Paul, Concenring Larry, "Is there a reason why you put this blatantly false negative hype on this thread?" It's the dying moans of a man being shot to ribbons by the salvo of higher VLNC prices.

To: kolo55 who wrote (16724)	12/7/1999 2:09:00 PM
From: Larry Brubaker	Read Replies (2) \| Respond to of 27311

<<I read it again, and you are still WRONG.>> Paul, which part of the following statement from the warrant purchase agreement do you not understand? I've added emphasis to help you with your comprehension. See Exhibit 4.4, 4(a) "ANTIDILUTION PROVISIONS": 4. ANTIDILUTION PROVISIONS. During the Exercise Period, the Exercise Price and the number of Warrant Shares shall be subject to adjustment from time to time as provided in this Section 4. In the event that any adjustment of the Exercise Price as required herein results in a fraction of a cent, such Exercise Price shall be rounded up or down to the nearest cent. (a) ADJUSTMENT OF EXERCISE PRICE AND NUMBER OF SHARES UPON ISSUANCE OF COMMON STOCK. Except as otherwise provided in Section 4(c) and 4(e) hereof, if and whenever after the initial issuance of this Warrant, the Company issues or sells, or in accordance with Section 4(b) hereof is deemed to have issued or sold, any shares of Common Stock for no consideration or for a consideration per share less than the Market Price (as herein defined) on the date of issuance (a "DILUTIVE ISSUANCE"), then effective immediately upon the Dilutive Issuance, the Exercise Price will be adjusted in accordance with the following formula: <<Is there a reason why you put this blatantly false negative hype on this thread?>> Is there a reason why you accuse me of putting blatantly false hype on this thread when you don't have a clue about what you are talking about?