From Agora website:
"AGORA INTERNET RELATIONS CORP. receives a monthly monetary fee from King Communications Inc., Sideware Systems Inc., Valu-net Corporation and Mirandor Explorations Inc. for the purposes of communicating with Internet shareholders - both current and prospective - to increase awareness of and interest in our clients. AGORA INTERNET RELATIONS CORP activities are aimed purely at keeping their clients' shareholders and prospective shareholders informed about their company."
Does not the ASE require you to put this behind every posting you make? Why have my questions not yet been answered? Since you are acting as IR; why did the Valu-Net extends closing date of private placement? Better yet, WHY they had to do this:
"The extension of the closing date from Feb. 28, 1999 to March 10, 1999 was due to the fact that, in order for the shares issued pursuant to this private placement, to become free trading 120 days after closing, the company was required to file an annual information form with the ASE and this could only be done after the filing of the annual financial statements, which occurred on Feb. 20, 1999. "
This shows a bias towards flipping stock equity for quick profits. Why a 120 day free trading period, and not longer? Further why WAS the the amount of equity financing reduced from:
"If all the warrants are exercised, a further $8-million (Canadian) will be raised, for a total of $14-million (Canadian),in new equity financing"
$1.98 million and flow through of $2.75 million for a total of $4.7-million
The company choose not to mention WHY the change in equity financing? |
