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Microcap & Penny Stocks : Sanctuary Woods recent sale, should you own the stock?

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To: Jane Shea who wrote (13)9/20/1996 12:19:00 AM
From: arvind chopra   of 341
 
To all SWD fans:
Check out this news which came out today where they announced that the educational software company has received and closed $4.55 million in financing. According to ms. C, Walker, the proceeds will be used to re-capitalize the company's balance sheet and provide capital to fund the fiscal year 1997-98. you can call Charlotte Walker at 415 286-6025 or cwalker@sanctuary.com for more details.
I guess this is a positive news for the comapny and things are moving in the right direction, finally. i am planning to get in now that something positive is coming up.
happy hunting.
arv
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