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Microcap & Penny Stocks : Tokyo Joe's Cafe / Societe Anonyme/No Pennies

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To: BarbaraT who wrote (51991)2/4/1999 1:48:00 PM
From: JeffA  Read Replies (3) of 119973
 
EASTW approaching 1.25! BarbT EASTW From filing

On February 20, 1998, the Company sold 1,227,000 newly issued units consisting of one share of Common Stock and one Class C warrants in a private placement for $6,135,000 in cash, or a price of $5.00 per unit (approximately 40 percent below the then current market price as of February 19, 1998.) The Class C warrants are convertible into one share of Common Stock at a price of $7.00 per share. These units were offered and sold to various accredited investors. expire 6/8/00
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