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


To: Charger who wrote (1433)5/29/1998 11:24:00 AM
From: Due Diligence  Respond to of 4142
 
MIDL: trading - look at this. 10,000 at the bid and it upticks. HA.
Jimbo

MIDL
NAME TIME E LAST LAST_VOL BID ASK SIZE T Q
MIDL 11:21 8 1.188 2000 -- --
MIDL 11:19 8 -- 0 1.156 1.218 5x5
MIDL 11:19 8 -- 0 1.093 1.218 5x5
MIDL 11:19 8 1.094 10000 -- --
MIDL 11:15 8 -- 0 1.093 1.187 5x5
MIDL 11:11 8 1.219 700 -- --
MIDL 10:49 8 1.219 200 -- --
MIDL 10:23 8 -- 0 1.093 1.218 5x5
MIDL 10:21 8 -- 0 1.093 1.250 5x5



To: Charger who wrote (1433)5/29/1998 11:31:00 AM
From: Mike Roberts  Read Replies (4) | Respond to of 4142
 
***IMPORTANT INFO ON WARRANTS

Warrants are exercisable at .50 until June 30. AFter this day, the exercise price will become $1.00. Leaving this information off of the news release is incredibly cheesy...With the last trade on the warrants at .46 add a dollar to that and there is no deal at all. Conversions MUST take place in June to take advantage of the .50 exercise price.

(This may have been revealed on SI already but I have not seen it)



To: Charger who wrote (1433)5/29/1998 3:13:00 PM
From: Ga Bard  Read Replies (3) | Respond to of 4142
 
Charger you need to have the broker call the DTC and that should do it. The dividend has to have an ex date and if you sell prior to the ex date then you do not get the warrant. the ex date has not been announced. They have to let NASDAQ know and NASDAQ let the DTC know.

Just simple as that

GB