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Microcap & Penny Stocks : Microvision (MVIS) -- Ignore unavailable to you. Want to Upgrade?


To: Thomas Leavitt who wrote (1242)7/11/1998 12:54:00 AM
From: Stephan Gregory Chase  Read Replies (1) | Respond to of 7720
 
Hi, Thomas,

Welcome to a great investment. I wanted to make a slight correction to your post. You indicated that $9.00 was $1.00 over the IPO price. That is not exactly correct. It is true that the IPO was for $8.00 a unit, but that $8.00 bought an investor one share of common and one warrant. The shares were priced at $6.00 and the warrants at $2.00. So using that valuation the shares are trading $3.00 over the IPO price.

Have a great weekend,

Stephan