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

To: RavMan who wrote (734)	1/27/1998 9:25:00 PM
From: Ga Bard	Read Replies (2) \| Respond to of 7039

Rav no offense but maybe you should call me and let me explain it to you on the phone. Apparently I am not articulating properly the warrants. I would suggest that if you do not understand the MIDLP and the MIDLW then do not buy them. The W you either trade or excercise and the P is for the long haul. Q1.If the common stock gets to $2.50 which is the target price then you can excercise a warrant and buy a common share regardless of it trading price for $1.00 simple as that. Now if the price holds at $2.50 or higher for ten trading AND you do not excercise your warrant then the company can recall the warrants and pay .05 for each warrant and that market will no longer exist. Q2. Ok if you buy a share of common for $1.00 and the stock is selling for $2.50 then you make 1.5 times your investment the second you excercise the warrant. Ques.4) I just want all the common shares I can get and all the P I can get. But that is me. thanks GB