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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 (705)5/26/1998 11:32:00 AM
From: Dave Gore  Read Replies (1) | Respond to of 4142
 
Absolutely agreed, Gary... anyone shorting is playing a dangerous game



To: Ga Bard who wrote (705)5/26/1998 11:33:00 AM
From: Binder  Respond to of 4142
 
Its not rocket science folks....

Warrant price: .65
Exercise price: .50
=========================
Price of Common: 1.15
at conversion

I'm buying the warrants today.

Just my opinion, and I could be wrong.

:-)
Binder




To: Ga Bard who wrote (705)5/26/1998 12:20:00 PM
From: Mike Roberts  Read Replies (2) | Respond to of 4142
 
You're right. I didn't take into account the fact that the warrants are not convertible at this time. I'm going to assume that the warrants new conversion price will take affect soon as it seems that by lowering the price from 1.00 to .50 the company wants an immediate injection of capital.


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