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Strategies & Market Trends : YEEHAW CANDIDATES -- Ignore unavailable to you. Want to Upgrade?


To: Ken W who wrote (11295)8/30/2005 12:36:05 AM
From: Galirayo  Read Replies (1) | Respond to of 23958
 
[HEC] Ken, I was looking at .70 to 75.

Then a little backing and filling.

The land here they are drilling on is AEP .. land. Major Coal belt from Lake Erie to Williamson W.Va. (which BTW is the home of the Billion$$ Coal Mine) R&F coal made a boat load there as did several other Major Coal Cos. Keep it in your sights and forget over bought for the moment. It shouldn't be in the big equation today.

It's just info for you. FWIW

DD on the Land might be a good idea now.

Ray



To: Ken W who wrote (11295)8/30/2005 12:12:18 PM
From: Galirayo  Respond to of 23958
 
I sent you a PM.



To: Ken W who wrote (11295)8/31/2005 4:37:27 PM
From: Galirayo  Read Replies (2) | Respond to of 23958
 
Ken .. I guess the price of the Preferred is based on the Closing Price of the Common at the EOD Today ???

31-Aug-2005

Entry into Material Agreement, Financial Statements and Exhibits

ITEM 1.01 ENTRY INTO A MATERIAL DEFINITIVE AGREEMENT
On August 29, 2005, Harken Energy Corporation (the Company) entered into a Stock Purchase Agreement (the Agreement) with Alexandra Global Master Fund Ltd. (Seller), whereby the Company agreed to purchase the 50,000 shares of Harken Energy Corporation Series J Convertible Preferred Stock held by Seller. The principal terms of the Agreement require the Company to purchase the 50,000 shares of Harken Energy Corporation Series J Convertible Preferred Stock held by Seller for a cash purchase price of $5,000,000 representing the face value of such shares. The Agreement stipulates August 31, 2005 as the Closing Date.

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