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Microcap & Penny Stocks : Internet and Technology Resources (IATR) -- Ignore unavailable to you. Want to Upgrade?

To: Troy Nolan who wrote (1762)	8/9/1999 9:29:00 PM
From: cornbread	Read Replies (1) \| Respond to of 1836

By Bsandrew (Bsandrew) on Monday, August 9, 1999 - 06:17 pm: Pacific Softworks has announced that their registration of 950,000 units each consisting of one share of common stock and one warrant exerciseable into one share of common stock at $7.50 per share became effective July 29, 1999. Each unit was priced at $5.25. On August 9, 1999 Pacific Softworks common stock closed at $6.50 per share and the warrants, which trade seperately, closed at $1.75. IATR owns 100,000 shares of common stock and warrants to purchase an additional 100,000 shares at $6 per share. IATR has "piggyback" registration rights on all of its stock and warrants which IATR may exercise at the time of Pacific Softworks next registration statement.