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


To: Mr. Jens Tingleff who wrote (218)3/28/1999 2:53:00 PM
From: IBMikey  Read Replies (1) | Respond to of 1834
 
We definitely don't have the big picture yet so everything is just
an educated WAG.



To: Mr. Jens Tingleff who wrote (218)3/28/1999 3:01:00 PM
From: IBMikey  Respond to of 1834
 
I would call it a conversion if the original LONE shares stay intact.
In other words, so long as it is a legitament company with shares
tradable AND we are issued "proportional" shares of other shells, then
I would consider this a conversion. However, IMO I believe that LONE will become an empty shell with assets spread to other shells-thus
tax-free move.