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

To: Ga Bard who wrote (627)5/26/1998 12:25:00 AM
From: bill  Read Replies (1) | Respond to of 4142
 
GaBard
yes hard to figure out the gift ! could it be they like us as a solid base of stockholders and want our share increased beyond it's already large proportion ? I sure don't know but it does endear them in my mind. Certainly is not typical oil field relations.



To: Ga Bard who wrote (627)5/26/1998 12:30:00 AM
From: MKTBUZZ  Read Replies (1) | Respond to of 4142
 
Who owns all the Series B Preferred? Each of those is convertable into 150 shares common in October, there are 70,000 issued - when converted equals 10,500,000 common - according to the SEC filings. Those aren't traded are they.



To: Ga Bard who wrote (627)5/26/1998 4:06:00 AM
From: Ed Hoftell  Read Replies (1) | Respond to of 4142
 
GB,
Well---If they can give us 5M dollars,they must have BIG things going.
It looks to me ,that they want the warrants exercised ASAP.
Throw in the conversion of the Ps and maybe a forward split and you have a common pool ,large enough, to attract the REALLY big boys.
Of course the share price would have to keep moving right along also <VBG> JMO.
----ED


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