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Microcap & Penny Stocks : INCE - Intercell info??? -- Ignore unavailable to you. Want to Upgrade?


To: Joe Copia who wrote (2869)7/30/1998 12:41:00 AM
From: Bill Pearson  Read Replies (1) | Respond to of 3358
 
<<So when can the preferred shareholders start converting.

My guess is 13 months Bill. Same structure as the INCE deal? Delete INCE, insert NPCT.

Joe PTG&LI !!! >>

Joe, it was 4 months from the date of closing for the INCE Series C shares; ona schedule of 20% conversion per month starting in the 4th month, until 100% was allowed to be converted. You didn't have to convert after 4 months, you were simply allowed to.

Bill