BACKDOOR, an IPO> IDTC,BRKT,BNYN,KLOC,NAVR Message Board

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Technology Stocks : BACKDOOR, an IPO> IDTC,BRKT,BNYN,KLOC,NAVR

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To: Rock_nj who wrote (597)	4/24/1999 1:39:00 AM
From: Glenn Petersen	of 954

The BNBN filing included the financial statements for the year ending December 31, 1998. Unless the company already plans to incorporate the March 31, 1999 numbers in a future amendment to the S-1, BNBN will have to push to get the offering completed by May 15, 1999; otherwise, the numbers become "stale" and they will need to incorporate the first quarter results in the document. FWIW, I do not think that this issue will delay the offering.

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