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Technology Stocks : Information Architects (IARC): E-Commerce & EIP
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To: bob oserin who wrote (3799)12/23/1997 10:44:00 AM
From: tech  Read Replies (1) of 10786
 
bob, >> Regulation S. shares <<

Every time Bob Gruder makes an offering in the form of Reg. S., it is a slap in the face of all the shareholders. If he wanted to do the deal so bad, he could of done it with a Reg. D. or other type of offering that doesn't instantly dilute the stock.

Reg. S - are newly issued shares.

Reg. D - come out of the total outstanding.

Also, there seems to be something else between the breakup of Chase and ALYD. Nothin' like having some Reg. S. shares in the hands of people who may not see you company in the best light.

Chase took their money and ran. They made a good profit from the deal and have now turned to ConSyGen in the form of an alliance partner.

Here is the press release > biz.yahoo.com

ALYD paid $6 Million for the joint venture, Bob Gruder gave them Reg. S share, (a slap in the face for all shareholders) and then Chase took the money and ran.

Now Chase is sitting pretty with another company and still have Reg. S. shares to dump at their pleasure.
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