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To: DocMalmbo.com who wrote (23277)	8/20/1999 1:03:00 PM
From: Glenn Zagoren	Read Replies (1) of 40688

Only the early private placements were at $.20 and that was when the selling price was below a dollar. The most recent one was at $2.00 and they have a one year restriction. These funds have been raised in order to continue the growth of the company. That included the national advertising and development of the Netcast Center.

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