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Microcap & Penny Stocks : HGRM--Any Followers?
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To: Eric Fader who wrote (1566)12/30/1998 4:13:00 PM
From: Bob Smith  Read Replies (2) of 3576
 
A couple of paragraphs copied from the SCAN magazine
article published a while back, but applicable:

"Miami-based Holographic Dimensions this month filed
a letter of intent with a California bankruptcy court
to purchase Voxel for $5 million. In a related deal,
HDI agreed to fund Voxel's existing operations with a
cash infusion of approximately $250,000 distributed
over the next four months. The loan will be applied
to the purchase price if HDI successfully acquires
Voxel."

"...the sale will be subject to bids from other
interested parties. Offers will be presented at the
hearing and the court will award Voxel to the highest
bidder, Casey said."

Nice to see HGRM was able to come up with that kind
of cash infusion back in the Fall, Eric. Bodes well, I
guess, despite a potential higher bidder on the scene.

Bob
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