>>At least they retained 9% of Softquad as a result of the sale
It appears our NKCIF position in this Company is 19% speecifically pursuant to ...
To: esecurities(tm) who wrote (2764)
From: esecurities(tm) Sunday, Nov 15, 1998 10:35 PM ET
Reply # of 3877
ALERT/Breaking News>SOFTQUAD SOFTWARE, INC. [NKC AMRR.OB] FORMED BY MANAGEMENT BUYOUT OF SOFTQUAD, INC., AFFIRMS COMMITMENT TO HTML AND XML MARKET LEADERSHIP
TORONTO, Canada, (November 16, 1998) SoftQuad Software, Inc. [NKA AMRR.OB] today announced the formation of the company through a management buyout of the assets of SoftQuad, Inc., a subsidiary of SoftQuad International (TSE:SKI). Senior executives at the former SoftQuad, Inc., backed by private investors, purchased the assets for CND $1.39M, including SoftQuad, U.K., the company's European distribution subsidiary. As part of the transaction the company has issued 19 percent of its shares to SoftQuad International [nka (OTC BB:NKCIF)]..." [emphasis added]
Source: SoftQuad Nov 15 1998 Message 6429182
If this is not now the case this NewKidCo (OTC BB:NKCIF) management team and Board of Directors should arguably simply resign effective immediately of face class action litigation for alleged negligence or worse. |
