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Gold/Mining/Energy : International Precious Metals (IPMCF)
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To: Brander who wrote (26357)11/15/1997 4:06:00 AM
From: Bob Jagow  Read Replies (2) of 35569
 
I think you are wrong, Brad.
Disagree first with your broad characterization of Reg S--IBM does it differently than AURA.
Secondly, as just posted, conversion at 125% of current price does not dilute.
Thirdly, look up all of IPM's previous financings--you will find that they, too, were Reg S. May have partially to do with IPM's 'dual citizenship'.

Bob
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