SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Gold/Mining/Energy : First Telecom FTL-VSE

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Hart who wrote (14)3/1/1999 11:08:00 PM
From: Veteran98  Read Replies (3) of 127
 
Trading should resume shortly

Looks like the VSE is not going to be looking at this deal as an RTO, rather they have deemed the deal an extraordinary
large transaction which would require that a broker sponsor the company. FTL has a sponsorship agreement with Global
which the VSE will review and FTL should be back trading by Wednesday or by the end of the week at the latest. The
private placement was approved and as a matter of fact has been oversubscribed by 300% , looks like there will be quite
a demand for FTL when trading resumes.

Go FTL!!!!
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext