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Non-Tech : PPF

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To: snorkel who wrote ()3/28/2000 2:10:00 AM
From: wheaton  Read Replies (1) of 128
 
Hi Snorkel

I'm really hoping your latest post is true, I've kept in touch with the Co. and some of their associates, and have heard there is now three financing deals on the table from which to choose. I also hear that there could be some dilution of shares, to what extent depends on which deal is excepted.
I've been watching the stock rise in price, but I've also been watching the market depth, there hasn't been very much on the bid between the recent .70 - .75 and .50 - .55 which makes me wonder if someone isn't trying to keep it at the .70 - 80 cent level.
They also have a large amount of shares coming onto the market in mid April, so I would think they would like to have some sort of deal made and announced prior to that to eliminate a bunch of shares being "dumped" effecting share prices.

Wheaton
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