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Microcap & Penny Stocks : MIDL .... A Real Sleeper -- Ignore unavailable to you. Want to Upgrade?

To: out_of_the_loop who wrote (4008)	8/18/1998 9:45:00 PM
From: Jack of All Trades	Read Replies (1) \| Respond to of 7039

Howard I totally agree!!! Thoughts on emergency shareholder meeting? I would like to see this happen since NHSA will probably be to late. I only have 300 presplit P but I am going if it happens to save my investment. I also think other shareholders on this thread should consider going also. I am currently looking into airfare full fare of course. JeffG

To: out_of_the_loop who wrote (4008)	8/18/1998 9:47:00 PM
From: FARcom	Read Replies (2) \| Respond to of 7039

You basicaly said this but the P is required for nasd listing isn't it? Wasn't that the key? I don't own any P's so I don't pay much attention to the issue. Best Fishes, FP

To: out_of_the_loop who wrote (4008)	8/18/1998 11:41:00 PM
From: The Devil Dog	Respond to of 7039

It is nice to see this issue rising again. I thought all had forgotten about the down side of the ensuing arbitrage scenario. When I talk to Mark Pierce about 2 weeks ago, I brought this up to him, he was dead set against this suggestion. I reminded him of the bath that we took in May the last time MM"s and all profited at our expense. He grumbled that you couldn't take that right to convert from the other's, I suggested that it be an optional conversion so as to lessen the blow maybe. He continued to say that nothing could take place with out a shareholders mtg. etc., cost $10,000.00 etc. etc. After speaking to Gary recently about this, he has told me that he has made a formal request in writing to have this motion/request voted on at a S.H. meeting. Now he is still in touch with many of the other investors and still feels (IMHO} that they also feel the same about not letting the P's convert. This would probably account for the majority of the float. We all have to put this in writing and make our request honored if we feel that it is in our best interest at this time. I agree with your analysis Doc (hope you don't mind the abrv). Best Regards WB