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Microcap & Penny Stocks : MIDL .... A Real Sleeper -- Ignore unavailable to you. Want to Upgrade?


To: Ga Bard who wrote (222)11/6/1997 1:00:00 AM
From: MSo  Read Replies (2) | Respond to of 7039
 
GaB, I like you are not worried at the price I am paying now. However, my question concerns lowering the $2.50 price at their whim. This is what I was calling to inquire about. There seems to be no limits as to their capacity to reduce value. If what they are referring to as "exercise price" is the 5 cents, no problem, but if they can reduce the strike price of $2.50 to whatever they want, and whenever they want, then there is a problem for me. I am just trying to clarify something, that I find unusual in warrants. Thanks for your response. I am still going to try and find an answer for myself. I have no intention to sell, it is a question for me whether I am hoing to buy more warrants. The stock itself - clear sailing.

Mike