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Microcap & Penny Stocks : SMY - SAMSys Technologies Inc -- Ignore unavailable to you. Want to Upgrade?

To: Clouseau who wrote (245)	1/20/2004 7:38:59 PM
From: Montana Wildhack	Read Replies (2) \| Respond to of 342

Clouseau, There is nothing wrong with the warrants. The only issue is whether they are listed on the TSX.V which they were eligible for when the application was made. Since applying to have them listed so many of the warrant holders have already exercised (despite them being holdable for 3 years) that the requirement of having a certain number of public holders threshold has passed and the application was withdrawn. It's a good news story. SAMsys is getting the money from the $1.50 warrants early because apparently a sizable number of warrant holders are not waiting with their capital. Their spending it now to convert the warrants into shares. The issue is listing the warrants on the exchange seperately and has nothing to do with the warrants themselves. Hope that helps, Wolf