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Microcap & Penny Stocks : LifeOne, Inc. (LONE) -- Ignore unavailable to you. Want to Upgrade?

To: IBMikey who wrote (215)	3/28/1999 12:28:00 PM
From: Bobb	Respond to of 1834

No flames from me Mikey, just curiosity. We shall all have to wait, wonder and hope. Bobb

To: IBMikey who wrote (215)	3/28/1999 2:22:00 PM
From: Mr. Jens Tingleff	Read Replies (2) \| Respond to of 1834

RE: Shareholders holding LifeOne shares as of the record date (to be decided) would receive shares of the new companies proportional to their percentage of LifeOne. You see this as a reverse - it isn't quite that - it's a conversion. The effect may or may not be dilutive - I'd say that getting a proportional number of shares in a company not threatened by (possible criminal) debenture holders is non dilutive. I suppose the directors and board members also has some common shares to convert. Though in my opinion we haven't got the full picture yet, do we ? Kr Jens