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Microcap & Penny Stocks : HDST Headstrong Group Inc -- Ignore unavailable to you. Want to Upgrade?

To: FARRIS who wrote (320)	7/16/1998 8:41:00 PM
From: TraderGreg	Respond to of 389

A reverse under new ownership is a foregone conclusion. TG

To: FARRIS who wrote (320)	7/17/1998 12:42:00 AM
From: dusty	Read Replies (1) \| Respond to of 389

I agree with every thing FARRIS posted in # 320

To: FARRIS who wrote (320)	7/17/1998 8:38:00 AM
From: Heresay2	Read Replies (3) \| Respond to of 389

injersey.com injersey.com "The three European creditors also presented a plan to take over the company. They are calling themselves Headstrong Funding Inc. for these purposes. They propose to make a deposit of $100,000; a term loan of $500,000; and a discretionary revolver loan of up to $1 million. In return, they would receive 80 percent of the company's common stock. Current stockholders would get the other 20 percent. Those who hold "allowed unsecured claims" against the company would get 10 percent of them or $150,000, whichever is less." "Headstrong Funding would receive a $100,000 break-up fee if a higher or better offer came along of if Headstrong Group's assets were sold." Tell me something, Why would HeadStrong need to be bailed out by you, when they already have financial help from these investors that would like to take over the company? I think you have the Grant-Thornton theory a little backwards. You guys were singing a different tune about 40 days ago when this stock had a run, were you not? What has changed since then? Nothing.