Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: Dave Gore who wrote (2107)	6/1/1998 4:38:00 PM
From: Dusty	Read Replies (1) \| Respond to of 4142

Dave, thanks for clarifying your position. But, hey, please don't go out looking for strangers to buy into our deal (LOL) we want to keep the price down for as long as possible so we can buy cheap shares! LOL I think we are all guilty of not stating our case as clearly as we might. But, it all appears to be under control. It don't matter to us here if you are a buying or a selling... VBG We will just keep on doing what we like to do... adding more as we can. Dusty :o)

To: Dave Gore who wrote (2107)	6/1/1998 5:21:00 PM
From: Ga Bard	Read Replies (1) \| Respond to of 4142

Ok the newest issue which I am working on is the conversion date 1.) I think that Crossy has made some valid points as have I 2.) there is a solution but for now I am for extending the Oct 1998 conversion date on the MIDLP stock (Series A Preferred new and existing) 3.) The optional conversion to shareholders is sound because it does not dilute the float at one time suddenly. 4.) I like the stagering of the conversion 5.) I feel that shareholders that do not wish to convert should get a dividend or something for hold the Preferred. 6.) I am not fully convinced as to what to do except not let the Oct 1998 conversion happen because of the arbitrage that will happen. 7.)Arcon's only fault is not planning this out before hand. However it does make learning fun. They are learning too. 8.) They just gave a 50% increase in the MIDLP holdings so they are trying. 9.) For what I will make on that alone I do not have a problem with their lack of knowledge of what they can and cannot do. 10.) They would like to get the stock corrected first and foremost which is what we all want. 11.) Now doing it is a different matter all together. 12.) Making point posts should assist in questions/answers GB