newz, looks like they work like an option, lost some $ on...

newz, looks like they work like an option, lost some $ on options before ie; they expired, so I don't play them anymore. Great leverage all the same ie; risk to reward ratio is excellent.

rsncd - issue price $0.00
- conversion to rsn $0.22 less calls to date (31/1/04 $0.005 called and paid)

So, $0.215 outstanding for full conversion.

calll schedule-
31/1/05 $0.01
31/1/06 $0.01
31/1/07 $0.01
31/1/08 $0.01
31/1/09 $0.175

cheers, stainless