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

To: FARcom who wrote (926)	5/27/1998 12:29:00 AM
From: Alan Markoff	Respond to of 4142

If we convert there is nothing to fear anyway right? Exactly convert and everything is just fine.

To: FARcom who wrote (926)	5/27/1998 12:32:00 AM
From: Kurt N	Respond to of 4142

A 30-day written notice of some form (press release, letter to warrant holder) must be given before the warrants may be recalled, AFTER the closing bid is above $2.50 for 10 consecutive trading days. It will be clear when you must convert, although you are free to convert at any time you like. Although after the 10 days with the stock above $2.50+, and you are planning on staying long you might as well convert. Kurt

To: FARcom who wrote (926)	5/27/1998 1:31:00 AM
From: Ga Bard	Respond to of 4142

Ok the warrants as with all warrants has certain conditions 1,) The exercise price (MIDLW $1.00 now reduced to $0.50) 2.) The target price (MIDLW $2.50) 3.) The target price time variable for recall (MIDLW 10 consecutive trading days) 4.) The par value for the recall (MIDLW .005) Half a cent 5.) 30 days written (news release ) notifying shareholders of recall On the warrants, what is the "recall" and why would we fear it? Answer: the half a cent recall price for each warrant not exercised. If we convert there is nothing to fear anyway right? Answer: Exactly GB MIDL New Investor Fact Post Message 4585067