SPNT (FILM) SHOPNET.COM Message Board

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Technology Stocks : SPNT (FILM) SHOPNET.COM

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To: TOPFUEL who wrote (6)	5/30/1999 11:56:00 AM
From: Ellen	of 16

Sorry, but this bothers me - The company has indicated that it will be increasing its ownership of PlayCo and that it is in serious discussions with offshore potential financial partners to provide significant capital to the continued buildout of SPNT's (and PlayCo's) web presence. ... they will be likely be taking ownership of much more of PlayCo in a private transaction. Hope they are talking some sort of conventional financing. Guess I need to look further into how this was set up -- (keep in mind that the original capital behind this came from offshore).

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