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.
Gold/Mining/Energy : Nuvo Research Inc
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Montana Wildhack who wrote (6816)2/26/2001 5:03:44 PM
From: john.d  Read Replies (1) of 14101
 
Wolf,
"The equity placement is priced at the weighted average
of trading over 20 days. During that period the company
cannot promote or deflate the stockprice by announcing
news."

in your post you use the words cannot. I'm not so sure I agree. I believe there is an understanding between the parties that neither will unduly influence the price during this period, but if Dimethaid has material information, it must be announced within the normal time frames allowed.

I believe/think that Rebecca will make an effort to hold off with announcements that are within her control during this period, such as waiting to complete a deal with a European parnter until after the 20 day period has closed. That said, Dimethaid can initiate a draw down right after at higher prices so I'm not sure what the benefit to Acqua is anyway???? My point is, I do not believe they are contractually bound to limit announcements, but there is probably some relationship issues that need to be managed. Welcome your comments.

John
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2026 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News