SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : Stocks Crossing The 13 Week Moving Average <$10.01 -- Ignore unavailable to you. Want to Upgrade?


To: Eric Maggard who wrote (1333)5/7/1998 2:26:00 PM
From: James Strauss  Read Replies (1) | Respond to of 13094
 
Eric:

Thanks for the correction on the FCSE Warrants...

Here is a snipit from their news release...
~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~'''
SUDBURY, Mass.--(BUSINESS WIRE)--May 6, 1998--FOCUS Enhancements, Inc., (NASDAQ:FCSE -
news, FCSEW - news) announced today that in accordance with the anti-dilution provisions of
the Company's Redeemable Common Stock Purchase Warrants (the ''Warrants'') issued in
connection with the Company's initial public offering in May 1993, the terms of the Warrants
have been adjusted so that upon exercise, a holder will receive 1.811 shares of Common Stock
of each Warrant exercised. The Warrants are exercisable at a price of $6.75 per Warrant (or
an effective price per share of $3.73) until May 23, 1998.

Jim