This explains my post #86. Once this concludes
(which should be soon if not already) we should
be set to move up.
IMO -- nothing to be concerned with here, since
the lock-up ended January 1998, and this is the
first opportunity they've had to sell some shares.
AMOUNT AND
NATURE BENEFICIAL
OF BENEFICIAL SHARES OWNERSHIP
NAME AND ADDRESS OWNERSHIP REGISTERED AFTER PERCENT
OF BENEFICIAL PRIOR TO FOR SELLING COMPLETION OF
OWNER(1) OFFERING(2) SECURITYHOLDERS OF OFFERING CLASS
---------------- ------------ --------------- ----------- -----
Steven Katz, PhD
President,
Chief Executive
Officer and Chairman 293,257(3) 65,000 228,257(3) 4.0
Ron Lipstein,
Secretary, Treasurer
& CFO 323,606(4) 35,000 288,606(4) 5.0
Alain Klapholz,
Vice President -
Operations 318,607(5) 20,000 298,607(5) 5.1
Robert A. Abrahams
175 Primrose Lane
Fairfield, CT 06430 2,000 2,000 -0- -- |
