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 : Exigent International, Inc. (XGNT) -- Ignore unavailable to you. Want to Upgrade?

To: Joseph F. Trombetta who wrote (130)11/11/1998 7:39:00 AM
From: David T. Groves  Respond to of 159
 
This anti-takeover measure only goes into effect if someone tries to take over the company. It is all explained in their filing with the SEC.

This was one of the things that had to be straightened out before they said that they could go on the national market of the NASDAQ. Another as well as I can figure it is that their stock price has to be over $3.75.

Dave



To: Joseph F. Trombetta who wrote (130)11/11/1998 10:38:00 AM
From: WallStBum  Read Replies (1) | Respond to of 159
 
No they're just issuing preferred purchase rights. Call em options, warrants, whatever, it's the same idea. They're free, but you'll have to pay for the preferred, probably pretty steep too.

The question is, will the preferred rights trade in their own market.

dax


HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News