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Microcap & Penny Stocks : JAWS Technologies - NASDAQ (NM):JAWZ
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To: j.oil who wrote (2476)7/12/1999 4:18:00 PM
From: DAK7  Read Replies (1) of 3086
 
I see your point about keeping the TK option available, and I agree with the potential for new business that this alliance could bring. Assuming the warrants are exercised that works out to an average of $1.875 per share. Because JAWZ hasn't traded below $2 in about two months, the fact that the financing was done at a 30% discount to the market is a little surprising. Even with the TK financing, it appears that JAWZ may have to find other ways finance the 5-7M shares that Barrie indicated was the target. I hope the balance can be done on terms more favorable to JAWZ. Good luck.
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