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Biotech / Medical : Neurobiological Tech (NTII)
NTII 0.00010000.0%Mar 7 3:00 PM EST
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To: Dr. John M. de Castro who wrote (590)6/15/1999 5:51:00 PM
From: lrb  Read Replies (1) of 1494
 
John,

Thanks very much for your report of your conversation with Paul
Freiman.

<< The private placement terms are $.80 per share with two $.75 5-yr warrants for every 5 shares. >>

I spoke with Mr. Freiman today. The placement under discussion would
have the exercise price of the warrants at $1.75, not $.75.

-- Larry
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