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Microcap & Penny Stocks : FRANKLIN TELECOM (FTEL) -- Ignore unavailable to you. Want to Upgrade?


To: VALUESPEC who wrote (29589)3/6/1998 8:45:00 PM
From: William Harvey  Read Replies (1) | Respond to of 41046
 
Valuespec,

Warrants can be converted into a total of 1.85 million shares of FTEL common, instead of FNet stock, if the IPO doesn't take place by June 30, 1998 and in that case, FTEL will own a larger percentage of FNet stock. Agree?

WH

"Hope is a good thing, maybe the best of things." Andy Dufresne, The Shawshank Redemption