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

To: WVMayor who wrote (1833)	5/31/1998 6:56:00 PM
From: Joe Copia	Read Replies (1) \| Respond to of 4142

Conversion can be done at any time. BUT, When MIDL maintains $2.50 for 10 consecutive trading days you HAVE to CONVERT or the company will buy the warrants back at par value after a specified number of days (usually 30 days) after the 10 consecutive trading days. I think this is correct. Joe PTG&LI !!!

To: WVMayor who wrote (1833)	5/31/1998 9:06:00 PM
From: Ga Bard	Respond to of 4142

If I may ... If I purchase 10000 MIDLW tomorrow @ .50 or whatever, I can then pay an extra .50 per share to convert to MIDL. Is this correct? Yes after the T3 rule (3 day settlement) you can call your broker and he will take .50 out of your account for each warrant you wish to exercise. For that you will receive 1 share of common. When can the conversion take place? Anytime after the T3 date Is there a start and end date? End date is AUg or Oct 2001 Hope that helps GB