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Microcap & Penny Stocks : JAWS Technologies - NASDAQ (NM):JAWZ -- Ignore unavailable to you. Want to Upgrade?


To: Buckey who wrote (2798)12/30/1999 3:53:00 PM
From: Senator949  Read Replies (1) | Respond to of 3086
 
I bought more OS today so they will likely call again as that is another acct.

Well I just did my part as well to see that this deal goes through. I just purchased 3000 OS at 2.55$CDN (equivalent to 1057 JAWZ at approximately 5.00$US). As soon as I got confirmation of sale I immediately called the broker and told them to make sure they were tendered.

What happens if the required 90% isn't tendered by Jan 4th, would it be extended or would these OS shares be virtually worthless if it falls through.

Why is it that they have to have 90% anyway? Wouldn't 51% be enough to take effective control?

Robin