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Technology Stocks : Information Architects (IARC): E-Commerce & EIP

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To: tech who wrote (3842)12/29/1997 11:58:00 AM
From: feltburner  Read Replies (1) of 10786
 
>>feltburner, unfortunately you are dead wrong<<
Sorry, Tech, you are not correct. While I've erred before and will again, this was not one of those times. Reg. D offerings DO indeed INCREASE the number of shrs. outstanding and thus cause dilution. This info. comes from both a VP of Corp. Finance at a regional brokerage firm, as well as from the IAIC private placement memorandum which is structured as a Reg. D offering and increases the shs. outstanding by the number of shs. being offered. This would not be a big deal except that you have trumpeted this misinformation time and time again on both threads as if it were fact. In the future, it would be decent of you to make sure of your facts before stating them repeatedly, and especially before correcting someone who disagrees.
-Felt Burner
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