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Gold/Mining/Energy : Arconenergy, Inc. (Long Term Investors and Fundamentals) -- Ignore unavailable to you. Want to Upgrade?

To: Joe Copia who wrote (953)	4/22/1998 6:26:00 PM
From: Ga Bard	Read Replies (1) \| Respond to of 1757

That is exactly what I am doing. This restructuring could mean something else also. If they do a dividend P can trade beyond the Oct '98 conversion date and extend the trading of the P. Now some would convert in Oct '98 and the new at a later date. I see a dividend more than a forward split in order to keep the P market trading past Oct to attach the big money people. So after thinking about it I doubt very seriously a forward split would happen. But a dividend seems more in line in the shareholders and company. Splits typically only happen on common not preferred. There is also a bad scenario with a forward which I is why I doubt it would happen. The common would be sold to buy a cheaper P. Now that is why I doubt a forward split would happen. Me I like the dividend on the prefer myself because I get more stock at no cost for the long hold and the price will not dive. GaBArd

To: Joe Copia who wrote (953)	4/22/1998 6:29:00 PM
From: jeffrey rainey	Read Replies (3) \| Respond to of 1757

From conversations with David Beene (Arconenergy) it seems we may have to call our product DF-227 now that the product is testing out at 227 octane. When the blend stock was first tested it was a paltry 144 octane. Improvements have increased the Octane to higher level. Thats one of the reasons that so many companies are interested in "The product" Bob West fields no money lost according to them (just sold their interest) Seems they have heard us when we said focus on what is going to make the most money. I sure like the Idea that larger investors step up to buy the "P" and really like the word dividend for a penny stock. Jeff