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Microcap & Penny Stocks : Microvision (MVIS) -- Ignore unavailable to you. Want to Upgrade?

To: Razorbak who wrote (2409)	4/13/1999 10:23:00 PM
From: dwight martin	Respond to of 7720

And, it's $14.33, not $13.61, where the adjustment takes place.

To: Razorbak who wrote (2409)	4/14/1999 1:05:00 AM
From: Larry Brubaker	Respond to of 7720

<<Absolutely amazing how this thing is trading right back down to the price of the recent PP while we await details of the S-3 filing.>> Razor, following is the pertinent language from the PR. "Terms of the transaction include a provision that could result in a one-time issuance of a limited number of additional shares if the market price of the company's common stock is less than $14.33 on the date of effectiveness of the registration statement. The company intends to promptly file a registration statement covering the shares of common stock." It will be interesting to see if it can hold above the $14.33. On the theory that efforts will be made to hold it above that price, this might not be a bad price to buy. On the other hand, I'd sure like to know the exact terms of the deal, particularly the number of the "limited" amount of additional shares.