JAWS;A P/E of 2 with 150%/yr Erngs Growth!! Message Board

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Microcap & Penny Stocks : JAWS;A P/E of 2 with 150%/yr Erngs Growth!!

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To: smackdown who wrote (1531)	5/15/1998 11:15:00 PM
From: Zeus549	Read Replies (3) of 4230

sydney, They are SEC filings available to the public for those who want to go to the trouble to some real DD. I am as curious as anyone at this point. All I know is what the filings say. One is for a million(rule 504) and the other is for 5 million (rule 505). It says the share price is variable which is one way of doing it of course. The indication is that both filings involve the same entity in the state of Nevada. According to Sitra, Linzy is a very minor player at maybe 150,000 shares. So I guess it isn't Linzy. This is a substantial investment and more than twice the amount Linzy was going to do in the next twelve months. I don't know what's going on or who it is.First question is whether this is restricted or unrestricted stock. There is nothing I see on the filing to indicate one way or the other. Since this is very material to the company, I also find it strange that there was no press release of any kind. There are a couple of items in it that I am attempting to get answered that I know nothing about. One concerns parties subject to disqualification under certain rules that has two boxes: one is "yes" and one is "no" . Neither box is checked. Don't know what to make of that. There is one other item that I'd like to know about. It is in the appendix which lists all the states and has columns listing various items: Column 1 is the State (in this case Nevada; Column 2 says"intend to sell to non-accredited investors in State ("no"); Next column says "number of accredited investors" ("one"); Next column says "amount" ($5,000,000); then the next applicable column says "Disqualification under State SCOR (small corporation offering registration) "If yes, attach explanation of waiver granted" The answer listed under the "yes" column is "NR89 0.530(10)" . I'd like to know what all that is about also. Have a call into one of the attorneys at SEC who can answer these things but haven't heard back as of yet. They also list how they intend to use the money. About 40% is for repayment of indebtedness and 40% for working capital with the rest for salaries and fees, purchase of real estate, and purchase or lease of machinery and equipment.Thats about it.

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