Toups Technology Licensing, Inc (TOUP) Message Board

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Microcap & Penny Stocks : Toups Technology Licensing, Inc (TOUP)

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To: greentree who wrote (54)	10/10/1998 1:49:00 PM
From: Aquaman	Read Replies (1) of 317

Buster is right...this is for some restricted shares coming on line...remember background....TTL raised funds in early summer via pre-IPO I think I recall 67 cents @ share on the SEC Doc's. I think they may have had a secondary offering to the same stockholders to generate more capital and this may be related to that. The answer could be on page 13 of 63 of the SB2. If I understand the motive for these sales of stock....I think it was to avoid any debt with banks. Hey guys I got an idea, lets invite Mark C. VP at TTL to answer these questions on this thread!! Never hurts to ask, the worst that happens is he will not respond. I am in on this one.....I hope its a good run....my plan is to sell off 1/2 of position at 3.50 - 4.50 and ride the rest. If you want a security, go buy a washing machine with extended warranty

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