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Microcap & Penny Stocks : Restaurant Teams International, Inc.-RTIN -- Ignore unavailable to you. Want to Upgrade?

To: KZAP who wrote (3235)	9/12/2000 10:22:11 AM
From: TraderGreg	Read Replies (1) \| Respond to of 3351

You state: "If for any reason all cash is not returned, the balance will be converted into stock at the then current market value plus 20%." I know that YOU mean that to be 20 % more shares than the balance owed could buy. So, if you're owed $1000 and the market value is 20 cents, you would want them to give you 5000sh plus 20% more for a total of 6000 shares, or $1200 worth of stock. But the way it is written above, a lawyer could interpret as shares buyable at 20% above the then current market value. That would mean they would give you $1000 worth of 24 cent shares, which is only 4167 shares. You might want to change it to something like this: "If for any reason all cash is not returned, then the contributor will receive free trading shares equivalent to 120% of the balance owed. Each share is based on the current market price." TG

To: KZAP who wrote (3235)	9/12/2000 11:08:54 AM
From: Howard C.	Read Replies (2) \| Respond to of 3351

I like your proposal much better than theirs. And it certainly is more reasonable, considering the risks and their past performance. BUT...have you considered what happens if they continue with their plan to spin off RSI? If they do that, then the inherent price of RTIN shares will definitely drop. What happens to our warrants then? Is there any way to take that scenario into consideration to protect us? Greg, you're a genius, tell us how to do that.