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Technology Stocks : VALENCE TECHNOLOGY (VLNC)

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To: Zeev Hed who wrote (25556)6/28/2002 11:42:43 PM
From: Larry Brubaker  Read Replies (1) of 27311
 
<<I hate to bring that up, but could be they got a piece of paper that say they don't have to cover?>>

Zeev, I assume you are suggesting somebody is holding some form of floorless financing. Could be, but I haven't seen an SEC filing that describes such a financing. There has been no filing to discuss the Berg financing, and the other financing handled through AG Edwards appeared to be a fixed-price sale of common stock.

Can they do a stealth floorless without a filing describing the transaction?
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