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Non-Tech : Wolf Industries (OTCBB:WLFN) -- Ignore unavailable to you. Want to Upgrade?

To: Natasha_Kidd who wrote (58)	11/9/1998 12:08:00 PM
From: Amanda Marley-Clarke	Respond to of 114

Hi Natasha, Wolf Industries has prepared an offering memorandum for financing of 5 million, to be offered in Europe. It is set up as a convertible debenture with a 10% coupon rate. This means that Wolf would pay a 10% yield until the stock was converted. If the company doing the financing never takes advantage of the convertible debenture, then they still receive the 10% yield. The debentures are convertible at $1.00. There has been alot of good feedback from the European markets about the Dental Color Analyzer. As soon as I hear anything definite, I will post it to the thread. Please keep posting any "rumors" you hear, and I'll do my best to research their validity. Amanda