Priced at $10 and the number of shares has been increased to 2,200,000. If you are interested in investing in this company, please read the entire thread. Updated SB-2/A at:
sec.gov
Press release at:
biz.yahoo.com
April 15, 9:50 am Eastern Time
Company Press Release
Internet, CLEC and DSL Company Log On America, IPO Price and Size Raised
by Underwriter
NEW YORK--(BUSINESS WIRE)--April 15, 1999--Dirks & Company, Inc.
announced today that the price range and size of the initial public
offering of Internet, CLEC and DSL company Log On America, Inc. was
increased.
The expected size and price range was raised to $10.00 per share from
$7.50 - $8.00 per share and the amount of shared offered by the Company
increased to 2,200,000 from 2,000,000.
Log On America, Inc. is Northeast Regional Competitive Local Exchange
Carrier (''CLEC'') and INFORMATION/INTERNET SERVICE PROVIDER (''ISP'')
providing local dial-tone, instate toll, long distance, high-speed
INTERNET access, and CABLE PROGRAMMING solutions over traditional copper
wire using Digital Subscriber Line technology (''DSL'') technology to
residential and commercial clients throughout the Northeast.
A Registration Statement relating to these securities has been filed
with the Securities and Exchange Commission but has not yet become
effective. These securities may not be sold nor may offers be accepted
prior to the time the Registration Statement becomes effective. This
press release shall not constitute an offer to buy or the solicitation
of an offer to buy nor shall there be any sale of these securities in
any State in which such an offer, solicitation or sale would be unlawful
prior to registration or qualification under the Securities laws of any
such State.
When publicly available, a copy of the prospectus contained in the
Registration Statement may be obtained from Dirks & Company, Inc., 520
Madison Avenue, 10th Floor, New York, New York 10022. Attention James
Carroll (212) 527-7366.
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Contact:
Dirks & Company, Inc.
James Carroll
(212) 527-7366 |
