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Microcap & Penny Stocks : Isonics Corp. ISON -- Ignore unavailable to you. Want to Upgrade?

To: Mark who wrote (940)	3/1/2000 11:42:00 AM
From: Keith	Read Replies (1) \| Respond to of 1099

You are correct, when the company "calls" the warrants for redemption, you must sell them or exercise them before the redemption occurs. Usually, the company allows you an additional time period (often 30 days) after the 20 day price condition is met for you to act. The company is not obligated to call the warrants the first time the stock price stays above the call price for 20 days, but if they decide not to call the warrants at that time, they usually give investors some warning that a warrant call is imminent later. It is best to be vigilant when the stock price is near the call price so that you are prepared to act one way or the other.