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.
Gold/Mining/Energy : Tracer Petroleum (TCXXF)
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: James Strauss who wrote (1159)8/25/1999 8:31:00 PM
From: Intrepid1  Read Replies (1) of 1261
 
James, the oil interest are being spun off into a new public vehicle called Tracer International(each current Tracer shareholder will receive two shares of Tracer International - eZuz.com shareholders will not receive any of these shares). The Tracer which trades on the NASDAQ small cap market will change its name to eZuz.com and will be controlled by eZuz management - I.E. 7 member board consisting of 5 eZuz appointees and 2 from the "old" Tracer group. Matthew Keddy, President of eZuz will be be running the Day to Day operations of eZuz.com.

Therefore "Oil" and "Internet" won't be mixed. The final result will be two separate and distinct corporate entities. There won't even be any significant cross ownership due to the fact that the old Tracer is giving up 87% of its equity to current eZuz shareholders to acquire eZuz.com.

So to answer your question, current Tracer management will NOT be running eZuz.com.

Hope this helps.

etc.
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