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Non-Tech : Littlefield Corporation (LTFD) -- Ignore unavailable to you. Want to Upgrade?


To: T.K. Allen who wrote (5577)12/15/1997 9:13:00 PM
From: Alan Cole  Read Replies (1) | Respond to of 10368
 
Not cashing in the warrants may not be bad for the company - while the company would lose $5 per warrant, there would be that many fewer shares in place, with a corresponding increase in value of existing shares - while the company would lose the equity, shareholders (and management) would have that much more value for each of the shares they own.



To: T.K. Allen who wrote (5577)12/15/1997 9:26:00 PM
From: SE  Read Replies (3) | Respond to of 10368
 
I would predict a 97 to 98% conversion rate. There will be very very few warrants that are not converted out of anger. The warrants that are not converted will be the one's in an estate of someone where the PR did not know what they were or that a conversion was in place. That is about it.

GO PACK GO!

-Scott