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Microcap & Penny Stocks : Green Oasis Environmental, Inc. (GRNO) -- Ignore unavailable to you. Want to Upgrade?

To: Martin Savitska who wrote (10080)11/7/1998 10:52:00 PM
From: Zeev Hed  Read Replies (1) | Respond to of 13091
 
Martin until we know what the conversion rate is we might as well assume the worse. If the conversion rate is that at the time of disbursement of the future funds, it is actually not so good, since that would be a "leaking" floorless and could burry the stock even more if our Chinese friends have learned anything from the domestic floorless bandits. It would be nice to know what are conditions of conversion. You do not want to find later on that 50 MM shares where added.

Zeev



To: Martin Savitska who wrote (10080)11/9/1998 1:46:00 AM
From: Don Edgerton  Read Replies (1) | Respond to of 13091
 
It is my understanding that there has already been a lot of dilution.
This came from LP unit holders converting at recent lows. Believe about half the units were converted. Might have added 4 or 5 million shares.


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