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.
Technology Stocks : Totally Hip Software Inc. (THW) - Just the Facts
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: jim who wrote (634)10/20/1999 10:53:00 AM
From: Gerry Merz  Read Replies (1) of 704
 
OK...so who is getting the 1.5million shares? and...is this the great news?
GM
Totally Hip Software to sell 1.5 million units privately
Totally Hip Software Inc THW
Shares issued 15,215,662 Oct 19 close $0.45
Wed 20 Oct 99 News Release
Mr. Don Greer reports
The company has agreed to a private placement of its securities which will
consist of the sale of 1.5 million units at 30 cents per share. The
proceeds from the private placement will be used for general working
capital purposes.
The company has revised the debt settlement previously announced on Oct.
11, 1999. The company has now agreed to a settlement of $222,500 in debts
with employees and creditors through the issuance of 741,667 shares in the
capital of the company at a deemed price of 30 cents per share, which
shares will be subject to a four-month hold period from the date the debt
became due.
(c) Copyright 1999 Canjex Publishing Ltd. canada-stockwatch.com
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