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Technology Stocks : NewKidCo International (OTC:NKCIF) (TSE:NKC) -- Ignore unavailable to you. Want to Upgrade?

To: esecurities(tm) who wrote (3265)	4/26/1999 11:08:00 PM
From: Director	Read Replies (1) \| Respond to of 4231

Remaining 25%... >> Alpha Software Corporation, will own a majority interest in the joint venture and beginning in June 1999 will have an option to acquire, or under certain circumstances be required by NewKidCo to acquire, NewKidCo's interest in the joint venture for $1,500,000 (U.S.) in cash or 1,000,000 shares of SoftQuad stock, warrants to acquire up to 4,000,000 shares of SoftQuad stock at varying prices in excess of the current market price of SoftQuad stock and cash payments based upon the joint venture's profits three years from closing. 1. Will they take the stock or the cash? 2. What are the varying prices of the warrants?