Stock Watcher's Thread / Pix of the Week (POW) Message Board

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Strategies & Market Trends : Stock Watcher's Thread / Pix of the Week (POW)

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To: flickerful who wrote (18099)	11/5/1999 9:10:00 AM
From: Stock Watcher	Read Replies (2) of 52051

flick; on TVCP; interesting twist on how to create credibility by "locking-up" major shareholders"; the PR says TVCP major shareholders verbally 'agree' to hold their shares for 6 - 12 months, and he has been given verbal assurances to that effect; this could be a real bonus for all 'minor' shareholders; one cautionary note: investors may want to wait until these agreements have been signed by all parties before jumping in; I'm a little surprised that a public company would issue a PR before the written, legal agreements have been signed - unless all the major shareholders are from Iowa (where you can still do business in a handshake).....<<gg>> appreciate the post....sw

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