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Microcap & Penny Stocks : VLVT (was CSMA) -- Ignore unavailable to you. Want to Upgrade?


To: IRVINESULLY who wrote (10206)11/12/1998 2:07:00 PM
From: TraderGreg  Read Replies (3) | Respond to of 11708
 
The 495,000 shares are to come off restriction in 4 equal amounts spaced, I think, 3 months apart. This batch is the first one. Since the ERHC stock is trading Under $2, ERHC is obligated to pay the difference between sale price and two dollars to CSMA.

Of course, CSMA is going to have to collect...sounds like a lawyer is coming.

TG