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Gold/Mining/Energy : JAB International (JABI) -- Ignore unavailable to you. Want to Upgrade?


To: Brian Pastor who wrote (2527)1/6/1998 11:55:00 PM
From: IRVINESULLY  Respond to of 4571
 
Even though I'm upbeat and Pro-BCMD, the other percentage of the interest that they may acquire plus more options does seem like a lot to me. Does anyone else have an opinion on that. Some are calling them warrants, but I've seen warrants for instance state that you can buy them for example for $1.00 and guarantee you can purchase the shares at price that usually exceeds what the stock is at the moment, but in the hopes that it will still be far below the projected price at a specific expiration time. Does anyone know whether or not the company will have to issue more shares to do this, or have these shares already been taken into consideration? But, on the positive side, if they can do what they are hoping to do, we will make out anyway. Here's hoping for a good meeting Thursday. I expect they will have a plan put in place for us to hear. Andof course certainly hope there is even more gold there than they realized!!!! Now wouldn't that be great!
One question I have that I'd like asked at the meeting, I'd like to know what kind of plan they have introducting BCMD to more institutions. That would help immensely.