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Gold/Mining/Energy : Arcon Energy (MIDL Presently) The Ultimate Sleeper -- Ignore unavailable to you. Want to Upgrade?


To: RavMan who wrote (300)5/22/1998 3:57:00 PM
From: Crossy  Respond to of 4142
 
RavMan,
what's there with the $2.50 ? That was changed by May 18th. The conversion price is now $0.50 not $1.00. Some people seem to forget that it was change May 18th. I don't know about a minimum floor price for conversion. Think that the floor was lifter but I'm unsure. Gary might now the details better. Think You can exercise them in the near future if You wanted without any floor (the $2.50 You cite). Conversion price changed to $0.50 I'm sure of because of the news release:

biz.yahoo.com

regards
CROSSY