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Technology Stocks : Technovision TVS - Undervalued Internet Service Provider

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To: cash money who wrote (2)5/17/1999 11:49:00 PM
From: David Michaud  Read Replies (1) of 108
 
Technovision Systems private placement
Technovision Systems Inc TVS
Shares issued 9,837,188 1999-05-05 close $0.95
Thursday May 6 1999
The Vancouver Stock Exchange has accepted for filing a non-brokered private placement of:
No. of shares: 1,068,000
Price: 75 cents
Warrants: For 1,068,000 shares
Wt exercise price: 75 cents in year one; 87 cents in year two
Placees: Tom Cox (RRSP) 133,500; Verna Mae Lay (RRSP) 133,500; and Charlene Warrington (RRSP) 133,500

Insiders: 574455 B.C. Ltd. (Gordon Tremain) 617,500; and Stephen K. Winters Law Corporation 50,000

____________________

TVS obviously needs to pay their Mgt team a little more....

Insiders needed to sell at $0.90 to create cash and buy in the PP.

Their in for the long haul now...

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