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MEDIS TECH LTD Message Board

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  • montyya montyya Dec 20, 2007 9:30 PM Flag

    Rights

    So no one here knows anything about what you get if you excersize the rights offering. Or maybe just not saying. This is the right board isn't it?????

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    • payattention2007andbeyond payattention2007andbeyond Dec 21, 2007 12:19 AM Flag

      When you were a kid in school did your mother do your homework for you? Why do you expect anyone else to do your homework for you now?

      • 1 Reply to payattention2007andbeyond
      • In the spirit of helpfullness, I figuered people that had been involved hee would have done that homework and could just let me know. I have done that many times on stocks that I have followed closely. Including links to SEC filings, court transcripts (witch would otherwise be very had ti find). But I see that is not the type of board that is here. I have seen wose boards though. There is a hint of information here.

        Anyway, I did look a little more and it seems they are offering shares in spin-off that has very little chance of success. The prospectus has a couple pages of basic info then about 50 pages of disclaimers and reasons why the endeavor will fail. So it seems that the offer is to pay 0.30 for an extreme longshot. No wonder why it seems to be so thinly prescibed and probably not worth that much attention.

        Sorry to have expected more info from the board. It is interesting that the puts still ahve so much value, though.

 
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