Research Frontiers (REFR) Message Board

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Technology Stocks : Research Frontiers (REFR)

REFR 1.565

+0.3%

3:59 PM EST

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To: Jonathan Babb who wrote (955)	10/6/1998 8:49:00 AM
From: Alastair McIntosh	Read Replies (2) of 50110

Jonathan, you wrote: BTW, REFR has another way to sell stock - issuing loans to the officers and then allowing the officers to pay those loans back in equivalent stock. See the filings, currently 1.4M in such loans appear to be outstanding to the officers. If you check the filings, in addition to the current loans, this has been ongoing for some time. Saxe has already had large loans from the company cancelled in exchange for turning in his stock. Al

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