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.
Technology Stocks : Research Frontiers (REFR)
REFR 1.255-2.0%3:59 PM EST
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Jonathan Babb who wrote (1004)10/6/1998 5:55:00 PM
From: Roger A. Babb  Read Replies (1) of 50504
 
Jonathan, yes it is time to move on to a discussion of the technology merits now that the financials are understood. I have some work underway in that regard. The S3 can be simply summed up as follows:

The company has the right to sell shares to the investor at an 8% discount to market subject to a floor price. Almost like calling your broker and saying "sell 100 MSFT limit $95" where the broker will then sell the shares at the market price IF the market price is $95 or more and charge you an 8% commission for making the trade, the broker may or may not keep the shares for his own account.
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