SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Microcap & Penny Stocks : Zia Sun(zsun)
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Eric Fader who wrote (3601)7/22/1999 12:33:00 PM
From: jjs64  Read Replies (2) of 10354
 
FG;

I was always curious as to why you were so eager to talk about XNET, as one of your little "Internet Asia" plays, when XNET is but a little OTCBB reverse-merger POS....is the answer that you purchased shares at $1 in a private placement? This private, priced at $1, was done on May 19, 1999, when XNET stock closed at 2 15/16. That is almost a 70% discount to market.

PRIVATE PLACEMENT

Name Shares Consideration Date Price

Mr. F. Goelo 120,000 $120,000 5/19/99 $1.00
Cayman Islands
B.W.I.

From XNET's only SEC filing. Look it up on EDGAR folks.

I wonder if Flodyie will do the honors of sifting through your posts to see what you told people about XNET since the time of your participation in the private round.

Buyer Beware!
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News