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


To: out_of_the_loop who wrote (2803)5/27/1998 3:47:00 PM
From: myturn  Read Replies (1) | Respond to of 9440
 
Here's one for you guys!!! DYNS, small float, going to announce numbers in the next few days!!

They sell bugging devices to the government!! Hot commodity these days!!

818-226-6262

.02/.02



To: out_of_the_loop who wrote (2803)5/27/1998 5:02:00 PM
From: Ga Bard  Respond to of 9440
 
MIDL, MIDLW, MIDLP ... Well all I can do is get you my synopsis.

What happens if the common splits?

Answer: Well there are two different types of splits.

reverse split = A stock split which reduces the number of outstanding shares and increases the per-share price proportionately. Usually an attempt by a company to disguise a falling stock price.

Forward or split = An increase in the number of outstanding shares of a company's stock, such that proportionate equity of each shareholder remains the same. The market price per share drops proportionately. Usually done to make a stock with a very high per-share price more accessible to small investors. Requires approval from the board of directors and shareholders.

Are there any effects on the Preferred conversion to common?

Answer: That I do not know however with the automatic conversion in Oct 1998 on the exisitng MIDLP and the Oct 1999 on the MIDLP dividend I do not forsee a split of either at all.

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.