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Technology Stocks : RRRR: Rare Medium Group (soon to be) formerly ICC

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To: Mary Baker who wrote (258)4/22/1999 10:59:00 PM
From: Mad2  Read Replies (1) of 1150
 
Mary or anyone, how much equity, warrants and else will Appollo receive for their 75 big ones? By the way Mary, before you get too excited read RRRR's recent S-3, 2.5 mil shares conv. at $5 and change. We will approach a point where supply equals demand then the premium goes by the wayside and companies get vauled by more traditional means. CMGI and the ones in the game early have done extreamly well, just remember it won't last forever!
Mad2
EDIT apparantly Appollo get 25% for their 75mil and warrants covering an additional 15% fully diluted for an additional 75mil
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