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Microcap & Penny Stocks : AQCI where do you think it will go -- Ignore unavailable to you. Want to Upgrade?

To: ChrisJP who wrote (1552)	11/6/2000 1:39:17 AM
From: James F. Hopkins	Read Replies (1) \| Respond to of 1579

You read it right; It's a floorless, ( RIP off ) type death sprial. On May 4, 2000 our Company entered into a Secured Convertible Debenture Purchase Agreement which calls for the issuance of two 12% secured convertible debentures with an aggregate principal amount of $1,500,000, to be completed in two traunches, the first traunche of $500,000 was received on the execution of the agreement and the second traunche of $1,000,000 is due within thirty days after the effective date of this registration. These debentures are convertible (plus related interest expense) into the Company's common stock at the lesser of (1) $.60 per share and (2) 70% of the average of the lowest three inter-day prices during the twenty trading days immediately preceding the conversion date. for sure if she pops her head above .60 they short. (2) is the death sprial clause..they can cover below her lowest 3 day interday lows during any 20 day period -------------- There is no hope for any stock that does this sort of convertable.