Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Gold/Mining/Energy : NP Energy Cp New -- Ignore unavailable to you. Want to Upgrade?

To: Handshake™ who wrote (20377)	7/5/1999 2:40:00 PM
From: J. Nelson	Read Replies (1) \| Respond to of 22810

Vince, IYO. or Anyone who knows!! Was there any past Reg S. Financing by Foreign investors? of or in NPEC? As I'm reading these people do not have to abide by U.S. securities laws that would otherwise prevent them from shorting the stock. This is why people so often have accounts in Canada or the Caribbean, so they can short a stock from offshore that they would not be able to do inside the borders of this country. And, no they do not have to report that. They merely sell the stock short and convert at, usually, a discounted strike price -- these terms would be defined in the debenture prospectus if filed by a reporting company, or would the company have to be reporting to offer any type debt financing? Could a insider or any holder of a PP. issue bring about a short on there debt holdings in the company from time to time??? Is that possible?????? Sorry about all, the questions I'm looking for the facts on this just as much as you and others who have to live with these type shorts and borders of legal issue. Yet if it can be done outside this country is it not legal were it's taking place? Regards, Jim....