I-Link--Still watching. From today's press release re shares hitting the market:
>>The Registration Statement relates to the offer and sale of securities by securityholders including non-affiliates, affiliates, and certain
officers and directors of the company. The securities included in the Registration Statement include (a) 8,083,857 shares of previously
issued and outstanding Common Stock; (b) 6,230,342 shares of Common Stock issuable upon conversion of certain outstanding
securities, including shares issuable upon conversion of outstanding shares of Class C Preferred Stock, Class B Preferred Stock and
Convertible Notes; and (c) 1,476,126 shares of Common Stock issuable upon exercise of warrants and options held by certain of the
company's securityholders.
The Registration Statement also relates to the offer and sale of outstanding warrants to purchase an aggregate of 1,145,000 shares of
Common Stock. The securities were registered pursuant to the company's obligation to do so under demand and piggyback registration
rights previously granted by the company.
I-Link is a new kind of communications company............<<
Still watching.
Regards,
Bond |
