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

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To: S.C. Barnard who wrote (305)4/23/1999 9:35:00 AM
From: Pluvia  Read Replies (2) of 1150
 
****RRRR - STRONG SELL/SHORTSELL Rec**** Millions of Shares To Hit Market...

RRRR's past business plan involved numerous stock and convertible debentures and warrants deals - leaving millions of shares can now can and will be sold - BUYER BEWARE...

The details of the $75 million financing are not yet available - expect considerable added dilution and additional shares from more convertible debentures and warrants... See the details here....

edgar-online.com

<<<Although the Company will receive the benefit of satisfaction of indebtedness if the convertible debentures are converted and exercise proceeds if the warrants are exercised, the Company will not receive any portion of the proceeds from the resale of the shares by the selling Securityholder. For more information on the convertible debentures and warrants please see "Recent Developments - The Private Placement of Convertible Debentures and Warrants to Capital Ventures International" and "Selling Securityholder" below.>>>
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