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Gold/Mining/Energy : Nuvo Research Inc -- Ignore unavailable to you. Want to Upgrade?

To: Cal Gary who wrote (13472)	5/21/2004 4:21:27 PM
From: Cal Gary	Read Replies (1) \| Respond to of 14101

"one common share at an exercise price of 73 cents" If I read this right, there is a potential to raise another $6.28 million. However the NR does not mention expiry dates.

To: Cal Gary who wrote (13472)	5/21/2004 4:27:53 PM
From: axial	Respond to of 14101

"Each special warrant may be exercised, without additional consideration, for one common share and one common share purchase warrant. Each common share purchase warrant entitles the holder to acquire, at no additional consideration, one common share at an exercise price of 73 cents." We knew it was coming. Sickening. She's payin' the vig. Well actually, she's not paying it, we are. This kind of disgusting premium would make the Mafia's mouth water. Blatant ripoff by discredited management with no access to reputable and cost-effective funding. Give yourself another raise, RK. It'll be your last. Jim

To: Cal Gary who wrote (13472)	5/21/2004 4:39:03 PM
From: Salt'n'Peppa	Read Replies (3) \| Respond to of 14101

What a joke this PP is!!! 17.2 million new shares (25% dilution?). Look at the strike price! 58 cents. Take this PP, sell your existing DMX shares for a 5 cent gain, then sit on the full warrant for free. Now I know why 2 million shares were sold yesterday. Some greedy jerk is already sitting on 2 million free warrants. The strike price is already discounted 10% from the current historically rock-bottom share price. Did they really need to throw in a full warrant for free?....and with a strike price of 74 cents!!! Greedy ba$t@rd$. I wonder how many shares mgmt, friends & family will take down. Sweetheart deal for insiders and a total raping of existing shareholders. Q) Sure it will raise $5MM, but why didn't they do this at $1.30 just 2 months ago? A) Because there wasn't enough potential profit for the insiders, that's why! More raping & pillaging from your (unwanted) DMX management. What a joke! S&P