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Biotech / Medical : Techniclone (TCLN)
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To: EZLibra who wrote (2563)11/23/1998 12:16:00 PM
From: Gutterball  Read Replies (1) of 3702
 
I'd like to know what everybody thinks of that little bit of financing TCLN did a while back with Cappello Capital?

Also, has anybody checked out the companies that Cappello has helped in the past? Here is a brief list of those who have received gracious financial conditions #reply-6529861. BTW, I'm still looking for a company that is better off for having done business with Cappello, so if anyone can point me to it, I'd appreciate it.

I've looked just briefly at your financing agreement. The mechanisms are in place to cause a world of hurt (eg, Reg D balloon), particularly if TCLN price falls below a buck (eg., $0.20 discount).

Somebody might want to look into why TCLN just got a new CFO and who put him there.

Of course, I'm sure most here are more interested in the uptick than financial agreements. But from looking at the agreement I submit TCLN price will be moving lower.

Also, it wouldn't hurt to watch the short interest on TCLN. viwes.com
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