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Microcap & Penny Stocks : Cetacean Industries, Inc.---(OTC Bulletin Board: CTAE)

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To: Riley G who wrote (72)12/8/1997 10:53:00 PM
From: TopCat   of 106
 
<<Cetacean is confident in Select's financing capabilities combined with its network of affiliates in arranging necessary financing for Cetacean and its subsidiary, Y2C, Inc.>>

It's unusual for someone that only owns 25% of a company to consider that company to be a subsidiary. It will be interesting how they plan to do the accounting for this investment when they release the related 8K.

TC
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