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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 (1181)5/27/1998 6:57:00 PM
From: Dusty  Read Replies (2) | Respond to of 4142
 
All I ask is for YOU to ask them. I know they respect you a lot and you would get a straight answer. :o)

Common sense tell us that if the were strapped for CASH they would not have given away anything or lowered the cost of converting the warrants.

So that leads me to believe there motives may have be benevolent.

Dusty :o)



To: Ga Bard who wrote (1181)5/28/1998 12:45:00 PM
From: ESPY  Read Replies (1) | Respond to of 4142
 
Ga Bard
The Board of Directors of MIDL must have voted on and approved the distribution of the P's. Safe to assume that these same board members hold substantial number of shares of MIDLP. Thus they are
granting all share holders, including themselves, these dividends. So they may not be distributing them out of kindness, but it may also be somewhat self-serving.


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