JAWS Technologies - NASDAQ (NM):JAWZ Message Board

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Microcap & Penny Stocks : JAWS Technologies - NASDAQ (NM):JAWZ

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To: Brian Malloy who wrote (2806)	1/10/2000 10:23:00 AM
From: j.oil	Read Replies (1) of 3086

To All This post from RB I thought it important to post here. J I have done a little research on the OS deal because people seem to be confused as to what is going on.I have purchased OS myself. I think OS is a great acquisition for Jaws, I just think the following clarification should be made. Basically, JAWS offer for Exchangeable Shares by JAWS Acquisition Corp,are NOT eligible to U.S. Residents. Jaws are issuing them within the SEC's exemption for holders of foreign securities. Basically, Jaws cannot accept the tender of a shareholder from the US, hence they are subject to considerable legal work on the Jaws end to acquire,and more than likely, could never be worth anything. Also owners of the shares past Dec. 9 are not eligible to tender their shares and will be subject to compulsory acquisition. If people want to help Jaws complete the deal, they should stop trading in Offsite immediately, and await the delisting of Offsite so that compulsory acquisition can begin. The Take Over Bid is available on line at www.sedar.com, under public companies, under Offsite Data Services. U.S. owners should read it and be aware of the risks that they face. Good Luck

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