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To: Fred Thornell who wrote (30117)6/4/1999 3:31:00 PM
From: The Swordsman  Respond to of 44908
 
Wish I had one. Seems easy to forecast the larger picture, just not the finite details.

If the PP holders convert later in the summer and there is a connection to Bernie and Bernie is connected to Rg then it would behoove all concerned to restrain revenues until after the next or final conversion.

That way the PP holders... ahem, will have a disproportionate percentage of shares of the company going forward into a revenue producing period of time. And the price will probably pop. Lots of if's.

Then they will have to sell only a very small number of shares to gain back their principal and then can walk off into the sunset with majority ownership in the company. And you and I... well, if we bought in at .20 or more we'll still be small shareholders no matter how many shares we have. Just lot's smaller than planned.

If I'm right and we waited for the price to hit single digits and bought say at .07 or.05 and bought 4 times as many as we would have at .20 we'll still be little shareholders just that we'd be bigger small shareholders.

Bottom line, I think I've figured out what's going on, just don't know the buy and sell points. Same as you, except you may not agree with my overall premise about what's going on in the first place. And that's ok too.

Some things to me however are certain. There is no floor in the PP and there may be a substantially higher number of shares required for conversion than what was guaranteed? by RG to Dave Gore during his famous 60 minutes of immortality today. More on that after Dave posts.

Still... no crystal ball.

SC