AERT Class B Warrants Will Expire Feb. 12, 1999.SPRINGDALE, Ark.--(BUSINESS WIRE)--Feb. 12, 1999--The Board of Directors of Advanced Environmental Recycling Technologies Inc. (Nasdaq:AERTA AERTA Army Environmental User Requirements and Technology Assessments (US Army) ) ("AERT AERT Advanced Environmental Recycling Technologies, Inc AERT Animal Emergency Response Team ") announced that it will not extend the expiration period for voluntary conversion of AERTZ warrants and any remaining warrants not postmarked by Feb. 12, 1999. As of this date all remaining unexercised B warrants will expire and be cancelled. The Company allowed 206,751 Class D warrants to expire at the end of 1998. If no additional warrants are exercised, there will be an expiration of 3,431,770 Class B warrants. The Company has received $1,265,105.50 in voluntary Class B and C warrant conversions from July 5, 1998, to date, primarily from close associates of the Company. Additional, more detailed information is enclosed in the Company's Form 10-K Form 10-K A report required by the SEC from exchange-listed companies that provides for annual disclosure of certain financial information. Form 10-K See 10-K. for fiscal year 1997 and Form 10-Q Form 10-Q See 10-Q. for the period ended Sept. 30, 1998. |
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