JAWS Technologies - NASDAQ (NM):JAWZ Message Board

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Microcap & Penny Stocks : JAWS Technologies - NASDAQ (NM):JAWZ

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To: Walter Morton who wrote (1330)	12/3/1998 11:59:00 AM
From: justaninvestor	Read Replies (2) of 3086

Walter .. I'm not trying to be mean, but I'm obviously not explaining this financing in a way that you can understand. The shares are technically issued and placed in an escrow account. Only if and when the company needs money will these shares become free trading. It's done this way so that they don't have to go through a filing process every time they might want to draw down. Just think of it as a line of credit that has been established. As I've said before, the company is looking at other ways to secure financing. There is no doubt that there will be an increase in shares, but the structure should be more secure. And as the company starts to generate more revenue, they will become less reliant on these type of financings. Barrie Einarson Investor Relations bbruin@home.com

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