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Biotech / Medical : Paracelsian Inc (PRLN)

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To: Harvey Allen who wrote (1695)2/14/1997 5:29:00 AM
From: Harvey Allen   of 4342
 
> I think Travellers bought out the two lesser
> investors in the August private placement. I couldn't
> find the press release but from memory the numbers seem
> right

Withdraw speculation but for the record:

CONFORMED SUBMISSION TYPE: 424B3
FILED AS OF DATE: 19961106
Percentage of
Number of Shares
Shares Number of Number of Shares Beneficially
Beneficially Shares that May Benefically Owned Owned After
Selling Shareholders Owned Be Sold After the Offering the Offering

The Travelers Ins. Co. 1,100,000 (1) 550,000 550,000 (1) 4.7%

Davin Capital, LP 325,001 (2) 50,000 275,001 (2) 2.3%

Doran Capital 391,667 (3) 83,333 308,334 (3) 2.6%
Management, LP
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