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Technology Stocks : JMAR Technologies(JMAR)
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To: Candle stick who wrote (4920)1/30/1998 10:51:00 PM
From: henry jakala  Read Replies (1) of 9695
 
so much for shareholder loyalty, eh candlestick

the thing that sticks in my craw is the Swiss deal and it's resultant screwing of legitimate loyal shareholders - shareholders that have been with JMAR for years

JMAR is going to need more money to get their technology to market

they stopped the placement short after realizing what the Swiss were up to - we survived the October crash just fine, the massive Swiss shorting is what tanked the stock and killed the warrants when we were so close to possibly having it all

and of course management is going to say they didn't need the additional funds, they weren't about to admit to having been misled were they ?

the best way for JMAR to get the additional funding now is to extend the warrants - upon exercise those shares will be in loyal hands - dilution will be there all the same - JMAR will even save themselves the costs of a secondary offering

let them extend the warrants if the stock goes down i'll once again be in it for the long haul anyway - i thought you were too
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