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Technology Stocks : TAVA Research - No Discussion

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To: Alex who wrote (256)	11/12/1997 4:54:00 PM
From: TokyoMex	Read Replies (1) of 810

TPRO is looking to do a 1 million (one million) share private placement at the street price (not discounted or any crooked deal) plus comm> The deal is to be brokered by Hanofen and will go to one or two institutions in blocks. This will give total shares outstanding including the outstanding warrants at 24 million shares. According to CFo they need money like mad ! as I suspected .The deal is kosher and above board. Its something I can live with. Company will most likely announce this at the conference with eanings and new contract news (I hope ) So there you are. Joe TPRO

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