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 : NuOasis (NUOA) formerly NONA -- Ignore unavailable to you. Want to Upgrade?


To: Harry_Behemoth who wrote (604)10/27/1998 8:39:00 AM
From: Theodore G. Gresch  Read Replies (1) | Respond to of 1622
 
Rookie, Each warrant contains six shares of FXWA common stock. The cost of each warrant to NUOA is $1.00.

Hypothetical situation: If NUOA issued these warrants as a dividend to its shareholders the price of NUOA would rise. If the warrants were without restriction the price of FXWA would drop.

Fred Luke someday will likely distribute the FXWA warrants. That day is not tomorrow or next week. He is not about to punish long term goals for a quick hit.

Ted