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Microcap & Penny Stocks : Tokyo Joe's Cafe / Societe Anonyme
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To: CoffeePot who wrote (5123)6/19/1998 12:57:00 PM
From: Bullhorn  Read Replies (1) of 8798
 
SLIC some info
On March 25, 1998, the Company received a non-binding letter of intent to
purchase 1,650,000 shares of the Company's common stock at a price of $.75
per share in a private placement (the "Placement"). On May 12,1998, the
non-binding letter of intent was converted into a firm commitment to
complete the Placement on or before June 15, 1998. Based on the terms of the
Placement, the Company would realize minimum net proceeds of approximately
$1,052,000 from the Placement after the deduction of fees. The Placement
also provides for demand registration rights.

where's slicw info???
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