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Microcap & Penny Stocks : IECS- NASDAQ $0.50 stock won prestigious OIL and Gas...

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To: Bugsy who wrote (463)5/9/1998 4:45:00 PM
From: JOHN SAMSEL  Read Replies (1) of 747
 
Bugsy and all,

Does anyone have an idea when this equity financing is going through? And what kind it will be? Reg S? Convertible? How large will it be? We just lost 1/3 of the outstanding shares in a reverse stock split. Will this equity financing just dilute it to where it was?
What effect will equity financing have on the stock price short term?
Comments?

John
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