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Microcap & Penny Stocks : USXX IS UP @.34 CENTS WITH 400,000 SHARES TODAY!! -- Ignore unavailable to you. Want to Upgrade?

To: Ditchdigger who wrote (103)	2/10/1998 7:52:00 AM
From: Ditchdigger	Respond to of 348

appears the debentures can convert on 2/26(give or take a day)..DD PS: who is the transfer agent,any info-phone #?,would be nice to have an outstanding share count before and sometime thereafter. The higher the price goes-the more in our favor the conversion ratio is. Since it is moving higher during this 45 day waiting period-one would assume the placement(s) were made to honest holders(no shorting the block) .DD PS: all and all,if you got to do it-they did a good job..IMO

To: Ditchdigger who wrote (103)	2/15/1998 10:51:00 AM
From: Ditchdigger	Read Replies (1) \| Respond to of 348

I forgot, it appears there is incentive to have the price over $1.30 for the holders-who knows..DD In the event that the Market Price of the Common Stock increases by more than thirty percent (30%) above the original Fixed Conversion Price, the holders shall have the right to receive in the form of an adjustment to the original Fixed Conversion Price thirty percent (30%) of the amount in excess of thirty percent (30%), and no more of such excess. In such event, the original Fixed Conversion Price shall be adjusted to be: C ----------------------------- [0.3(C/F) + 0.7(1.3)] where: C = the average Closing Bid Price of the Common Stock at the time of conversion; and F = the original Fixed Conversion Price Each Warrant issued to GEM Management, Ltd. entitles the holder thereof to purchase one share of Common Stock at exercise price of $1.00 per share. Each Warrant issued to Ms. Joshi also entitles the holder thereof to purchase one share of Common Stock at an exercise price of $1.00 per share. the debentures: edgar.whowhere.com. the warrants: edgar.whowhere.com.