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Gold/Mining/Energy : International Precious Metals (IPMCF) -- Ignore unavailable to you. Want to Upgrade?


To: Bob Markley who wrote (26559)11/16/1997 2:04:00 AM
From: Bob Jagow  Read Replies (1) | Respond to of 35569
 
I think we agree on some essentials, Bob.
My payable = your redeemable?
My call provision is pretty standard, the co must be able to call it after some reasonable specified period--all things must eventually end.
But there may be a misunderstanding in your "I can call the note right now and force you to convert rather then waiting for the stock price to be sky high." I [the co] don't really mind if 'you' convert at 1.25 x 'sky-high' :-)