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Technology Stocks : Purchasepro.com Inc. (PPRO)

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To: Sir Auric Goldfinger who wrote (118)9/29/1999 1:11:00 PM
From: Rock_nj  Read Replies (2) of 748
 
Be Warned! PPRO has already filed for a secondary offering.

Form 424B3 for PURCHASEPRO COM INC filed on 28 Sep 1999
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PurchasePro.com, Inc. is offering 4,000,000 shares of its common stock. (offering price is $12!!!!)
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We have no current specific plans for the use of the net proceeds from this offering other than repayment of a $550,000 note payable to our Chief Executive Officer.
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We have a history of losses and anticipate continued losses, and we may be unable to achieve profitability.
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