I don't know how important it is, but at least it's on topic. Down in the boring part of the 10K, the list of exhibits, I found this.
11.# Form of Offshore Offering Distribution agreement by and between Systems Communications, Inc. and Victory Investments, LLC. 12.# Form of 10% cumulative Convertible Debentures due November 21, 1997 in the aggregate amount of $500,000. 13.# Form of Offshore Securities Subscription Agreement for $500,000 10% Cumulative Convertible Debentures. 14.# Form of Offshore Securities Subscription Agreement for $1,120,000 4% Convertible Debentures.
Seeing the word "offshore" in the same sentence with "convertible debentures" raises a bit of a red flag? Yes, no, maybe?
...Mezz - ¿Donde estan las stampas? |