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Pastimes : Georgia Bard's Corner -- Ignore unavailable to you. Want to Upgrade?

To: Boob who wrote (2801)	5/27/1998 2:32:00 PM
From: Galirayo	Read Replies (1) \| Respond to of 9440

Boob, Yes .... You are correct ... but ... How many times can I buy Ws and convert to Common between now and Oct? Will that give MIDL Cash Flow and Also Reduce the Ws? Thoughts? Say I can only do that ..... 2 times after this Conversion between now and Oct. Ray

To: Boob who wrote (2801)	5/27/1998 4:15:00 PM
From: Ga Bard	Respond to of 9440

MIDL. MIDLW, MIDLP ... That is exactly correct. I am buying P for the .50 AMSC for the common ... We have a long time before Oct. for MIDL to change the name, get a JV or whatever. If I try to buy straight common heck I am buying at .50 then putting another .50 with it and exercising to free trading common. That way I have all common. Then once everyone finally reads every single bit of the massive DD and verification done on this stock they are going to regret not have common while they could at .50 when it converts in Oct. HECK at 35 common per P and the names that will be attached to this one this year maybe in the next few weeks I am going to go get drunk on my royal backside. LOL GB MIDL New Investor Information Post Message 4608046 Redundant questions: Coomon: for the price MIDL is trading at you get one security of ownweship Midland, Inc. ' Warrants: MIDLW ... They will be exerciseable after the 3 day settlement date and the TA has the resolution today. Ok you buy the warrant for the warrant price .. then you pay an additional .50 to exercise it ... Example: warrants is .56 plus the .50 exercise = $1.06 AMSC Perferred : MIDLP ... You buy the P for $26.50 you are buying 35 shares of common for an AMSC of $0.77 however you add in the dividend of 50% you will get a half a share of P which equates to 17.5 shares of common. Example: 100 shares of P @ $26.50 = $2,650.00 = .50 AMSC For a long term hold and capitalize on the stock to the max degree this is the buy. Of course it is a long term hold because the existing trading P is Oct 1, 1998 which will automatically convert in your account where the dividend will not but it will convert on Oct 1, 1999. Dividends: The dividend will be pay to all shares held in an account regardless of when you bought at the close of Friday May 29, 1998. If you buy at 3:59 MIDLP Friday afternoon and it is confirmed by the broker you get the dividend. DF-144: Is a real product and they have over 200 tests on it verifying the product and 3 major compnies have tested it before they came public. It has been produced, sold and even use in NASCAR. Negotiations: They are in negotations with two major oil companies as per the news releases.