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.
Biotech / Medical : MTEN - expected 1000% revenue increase in 97
MTEN 2.549-11.9%3:55 PM EST

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Tom Hofmann who wrote (205)10/21/1997 10:23:00 AM
From: Tom Hofmann   of 279
 
From Leroy Stockman forum this AM:

zzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzz Subject: MTEN Dear LeRoy: I read Herb's note and offer the following comments:
Although we are issueing more shares, at least half of them have gone to 'insiders' and management who made up the
majority of the new investment group. Management and insiders shares will be subject to rule 144, and other short swing
rules, so the market will not see any of those shares anytime soon. Of the remaining 4.0m shares, these shall be issued over
the next 2 years. The Company has the option to redeem for cash. We shall have to assess the situation at the time, to see if
MTEN should actually do that. Best regards Jeremy P Feakins Chairman/CEO zzzzzzzzzzzzzzzzzzzzzzzzzz
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext