JAWS Technologies - NASDAQ (NM):JAWZ Message Board

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Microcap & Penny Stocks : JAWS Technologies - NASDAQ (NM):JAWZ

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To: Senator949 who wrote (2803)	1/6/2000 10:24:00 AM
From: j.oil	Read Replies (1) of 3086

Robin do you have any idea how big of a job it would be to go to every Jaws shareholder. I don't know to many people that like to tie their money up for a one year hold period either. In terms of a sweetheart deal they have to set the price somewhere and it was set when the stock was at $5 so this is at a %15 discount to the market. I can tell you I would rather pay the extra 15% and have my stock free trading. The reason it is institutions that do the financings is because if they can come to a company like Jaws and say we will give you X amount of dollars and Jaws doesn't have to go out and seek these people to raise money they can carry on working.It is good for the institution because they can get the stock at one fixed price without driving the price up to fill their position. So everybody wins. But the real big bonus Robin is the institutions will promote the hell out of the company thus increasing the share price. So Robin If was up to me I think I would Rather have the Institutions promote Jaws over you. No offense intended but I think they can to a slightly better Job. Jack

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