Paracelsian Inc (PRLN) Message Board

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Biotech / Medical : Paracelsian Inc (PRLN)

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To: Rick Costantino who wrote (307)	8/23/1996 6:31:00 AM
From: Harvey Allen	of 4342

Rick, I was looking at the financials for a clue to the 4 barrier and I think it has to do with the 5,000,000 common shares issued in exchange for the preferred. During the period between August and November 1995, the Company sold shares of Common Stock and Series A, B and C 8%, Convertible Preferred Stock in private transactions generating net proceeds of approximately $5,732,000. Through February 1, 1996, all of the outstanding convertible preferred stock had been converted into common stock. Anyone good with numbers click on the Edgar database link for financials at: nasdaq.com There are also prospectus for Travelers and associates stock to be bought and sold. Harvey

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