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Gold/Mining/Energy : Tri-Vision & The V-Chip
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To: trenzich who wrote (2982)6/3/1998 5:14:00 PM
From: D.E. Shetland  Read Replies (1) of 5743
 
From the registration statement:

"Fred F. Finocchiaro, a principal of Finocchiaro & Co., beneficially owns 69,150 shares of the Co's common stock and warrants to purchase an additional 27150 shares of common stocks. Of the warrants exercisable, 2000 WERE ISSUED (Not Bought) as "finders warrants" (Yeah, now that's unique term). The shares and warrants beneficially owned by Mr. F. were issued in connection with private placements by the Co in June 97 and nov 97."

Funny, it says they were issued in connection with placements, not bought in the public market.

But the real point isn't this anyway --It's the ludicrous value public shareholders are putting on their investments that are multiiples higher than what Acacia themselves put on them. Answer that one TZ.
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