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Gold/Mining/Energy : CMYN -- Ignore unavailable to you. Want to Upgrade?

To: Hugh M. who wrote (627)	4/10/1998 2:08:00 PM
From: Piotr Koziol	Respond to of 811

I have a feeling the conversion will then stop, then CMYN will do its reverse split, and bingo-presto, we can again happily convert because the #of shares will go down to a fraction of 300M, which they gladly keep as the "new / old" ceiling is it :^) or :^( ??? /Piotr

To: Hugh M. who wrote (627)	4/10/1998 4:20:00 PM
From: James F. Hopkins	Read Replies (1) \| Respond to of 811

Hugh; PFD ; conversions are what is causing most all of the dilution right now. They get to convert at a discount to the market, the likely went short the stock, put the shares price down then convert cheap..and cover their short. This is a win win situation for them with no risk, the fact that there is not a law aginst it does not mean its not wrong..it is. CMYN needed money up front and didn't look at what they were getting into or were mis-lead, or just don't care. Take your pick. If they issue more discount type convertables after this then you know they really just working in collusion with a bunch of other theives, and are not worth the powder it would take to blow them away. Fortunatly I did not buy in when this stock was high, for both me and them, and I knew when I did she was sick..but again not every person who has a heart attack, or gets cancer dies..many of them bounce back and go on to live productive lives. The risk at this level is not enough for me to get sore about even if they are crooks and she goes belly up. ----------------- So they don't have to worry about getting in my little "bad news from the doctor book" I have a string of prospects that is already to long to add to..only way to put anyone else in is to drop off a few, and it's hard to re-prioritize a book I've taken years and so much trouble to compose, of course from time to time a spot does open up due to natrual causes..hell If I live long enough maybe I have to rewrite the whole book. Just kidding about that last part of course. <G> Jim ---------- PS If I get called out on the job remember this, money is not security..security can not be bought..and none of us are ever any more secure than our closest friend. ------------- And don't be mis-lead by thoes who would have you think she is now only trading on the pick sheets..while they have some shares to trade she is still trading on the Nasdaq.. small cap. The pinkies have been playing her on the side for some time now.