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Strategies & Market Trends : Anthony @ Equity Investigations, Dear Anthony, -- Ignore unavailable to you. Want to Upgrade?

To: surelock who wrote (2823)	1/6/1999 10:47:00 AM
From: SAMS BONE	Respond to of 122087

NITE I'm pissed at myself for breaking my one trading rule: make 1000.00 take it home loose 1000.00 let it go just got caught in the Going to 10.00 comments wont #$%%^% happen again! john

To: surelock who wrote (2823)	1/6/1999 12:09:00 PM
From: RockyBalboa	Read Replies (1) \| Respond to of 122087

SLHO, the warrants appear to have: $6 exercise but no defined expiration date (from different files) From the POS AM: This Prospectus also relates to an additional 1,579,500 shares of Common Stock consisting of (i) 1,053,000 shares issuable upon conversion of the Company's Series A Convertible Cumulative Redeemable Preferred Stock (the "Preferred Shares") which were included in Units (each Unit consisting of one Preferred Share and one Common Stock Purchase Warrant) offered to the public in February 1997; and (ii) 526,500 shares of Common Stock issuable upon exercise of the Warrants included in such Units (the "Unit Warrants"). The components of the Units as of September 22, 1997. (CONTINUED ON PAGE 2) -------------------------------------------------------- ---------------------- ------------------------- ----------------------- Price to Security Warrant Proceeds to the Holder(1)(2) Solicitation Fee(3) Company(2)(4) -------------------------------------------------------- ---------------------- ------------------------- ----------------------- For Exercise of Warrants $6.00 $0.60 $5.40 Total $13,622,400 $1,362,240 $12,260,160 For Exercise of Underwriter's Stock Warrants $8.25 --- $8.25 Total $825,000 --- $825,000 For Exercise of Underwriter's Warrants $0.225 --- $0.225 Total $31,500 --- $31,500 -------------------------------------------------------- ---------------------- ------------------------- ----------------------- (1) The exercise prices were arbitrarily determined in connection with the Company's Initial Public Offering and are not related to the Company's assets, book value of the shares of Common Stock issuable upon exercise of the Warrants, the Underwriter's Stock Warrants, or the Underwriter's Warrants. ... a bit dark, the whole thing... C.