SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : Alamos Gold -- Ignore unavailable to you. Want to Upgrade?


To: SAM-DAN who wrote (625)12/1/2001 9:43:12 AM
From: Al Collard  Read Replies (1) | Respond to of 4470
 
Hi SAM-DAN,

Your in with BAS-t @$3.61 for 5,540 shares.

Chart for Basis100, Inc:

stockcharts.com[l,a]djcanimy[dc][pc20!b50!b100!b200!f][vc60][iUb14!Ll14!La12,26,9!Lp14,3,3!Lc20]

From the chart of BAS we can see the stock is trading above all it's major MA's on slightly lower than average volume. The chart indicators are all bullish and pointing to further upside. The series of lower highs and higher lows on the chart is suggesting this stock is grinding into a wedge but with the crossover on the MACD, it suggests to me the stock will break out to the upside. JMO

Good luck with this pick,
Al



To: SAM-DAN who wrote (625)12/4/2001 1:01:38 PM
From: Al Collard  Respond to of 4470
 
Basis100 sells convertible debentures for $12-million

Tue 4 Dec 2001

News Release
Mr. Lance McIntosh reports

Basis100 has entered into an agreement with Griffiths McBurney & Partners,
as underwriter, under which Griffiths agreed to buy $12-million principal
amount of 6-per-cent convertible debentures, maturing on Dec. 30, 2006, and
convertible at $3.75 for each Basis100 common share until the earlier of
Dec. 30, 2006, and the last business day before the redemption date.
Basis100 has extended to the underwriters the option, exercisable in whole
or in part until the filing of the (final) prospectus relating to the
offering, to purchase up to an additional $4-million principal amount of
the debentures at the same offering price. Basis100 intends to use the
proceeds from the financing for general corporate purposes and to finance
expansion.
The convertible debentures will be redeemable by Basis100 on or after Dec.
30, 2004, at par plus accrued interest provided that the weighted average
closing price of the common shares on the Toronto Stock Exchange during the
20 trading days ending five trading days preceding the date of the notice
of redemption is not less than 150 per cent of the conversion price.