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 : Unitec Int. Controls Inc.
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Technopeasant who wrote (543)8/12/1998 12:54:00 AM
From: Howard Jampolsky  Read Replies (2) of 856
 
There has been a misconception that Unitec is 'starving' for working capital. If this were so, we would have completed more financings at prices with the maximum discounts.

Unitec will not at this time entertain any offers to financing at prices less than $1.00. We feel that accepting anything less would be too dilutive and and not in the best interests of the shareholders of the Company. As I indicated in a previous posting, the recent financing was an exception made to accelerate work in progress and get started on our considerable back log.

With regard to the dissemination of news, we also agree that the proposal is not in the best interests of VSE listed companies or their shareholders. John has continually opposed this at every opportunity.

Thank you for your continued support of Unitec.

Regards,
Howard
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2026 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News