SI
SI
discoversearch

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.
Microcap & Penny Stocks : Corporate Vision (CVIA) -- Ignore unavailable to you. Want to Upgrade?


To: Tom Swift who wrote (6621)9/5/1998 2:01:00 AM
From: grw5  Respond to of 6654
 
Well, I'm confused all over again. I thought that "strike price" was the price that the common had to reach before a warrant could be exercised and that then there was an "exercise price" that had to be paid to the company (either directly or through a broker) in order to receive the common stock.

Still a novice in some areas,
George

PS - exchanging warrants for pref. sounds like a pretty good plan



To: Tom Swift who wrote (6621)9/5/1998 10:50:00 AM
From: opey  Read Replies (2) | Respond to of 6654
 
Tom,

I agree with you. Many of us share holders are in this for the long run and those of us that got burned have stuck it out this far!!!
Lets exchange the warrants for perf. and know that we will grow many times over by 2003.

Keith, I could be wrong but if we do this, we will see an upward trend in the price just as we did back when the perf's were announced. In all of our best intrust, I can only see this option as one that will do us better in the long run.

As for the rest of us, any thoughts about this?

Opey