SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Gold/Mining/Energy : BCB VOICE SYSTEMS INC. (c.BIV)

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: D. Peter Vanderlee who wrote (159)5/24/1998 3:02:00 PM
From: philipah  Read Replies (1) of 440
 
hi Peter,
the private placement looks like a variation
of what I suggested a few days ago, only better!

a 12% coupon is about triple the rate banks pay
for funds on deposit, and in addition to that,
investors have 2 plays: at 20 cents a share and a
kicker at 25 cents.

the release mentioned non arms length investors in
addition to arms length outside investors...
how much of $650,000 comes from directors & officers?

how much did you loan BCB @ 12%?

btw, this deal adds 3,250,000 new shares outstanding
upon conversion, and a bunch more if the 25 cent warrants
are exercised.

when will it be time to consolidate the shares so
they'll trade at a more respectable price?

Good luck to ALL
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext