BNEZ and PMA; Success in 1999 Message Board

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Microcap & Penny Stocks : BNEZ and PMA; Success in 1999

BNEZ 0.00

Sep 18 5:00 PM EST

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To: heatseeker who wrote (2271)	2/3/1999 6:39:00 PM
From: Leroyt	Read Replies (1) of 2648

Folks, Typically a PP (pvt. placement) is done to raise up to $1 million (504) with free-trading shares. The cost totally depends on the company. Some are desperate for cash and sell at a LARGE discount. BNEZ doesn't seem that desperate. To sell THAT many shares on the market would drive the stock through the floor. MOST PP's will be done with someone is PRIMARILY wants an investment but may sell some on the market. I'm hoping that IF BNEZ did do a PP that the discount was not very large. When the price was at 0.20, I figured with was. With the price going below 0.15 starts to make we wonder. Finally, IF bnez did do a PP, I am glad they raised the money because PR is what we need for the promotion of PMA more than anything. JMHO and later, leroyt

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