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Microcap & Penny Stocks : TGL WHAAAAAAAT! Alerts, thoughts, discussion. -- Ignore unavailable to you. Want to Upgrade?


To: SSP who wrote (11024)10/5/1999 1:28:00 PM
From: SSP  Respond to of 150070
 
MRTI - ask now .04!



To: SSP who wrote (11024)10/5/1999 1:28:00 PM
From: Israel  Read Replies (2) | Respond to of 150070
 

REIC accepts the 1.80 buyout offer.. stock trading at .3125

Tuesday October 5, 1:04 pm Eastern Time
Company Press Release
REII Inc. Accepts Offer in Principle From Claremont Holdings Ltd.
NAPLES, Fla.--(BUSINESS WIRE)--Oct. 5, 1999--REII Inc. (OTC BB:REIC), a Naples based firm, has agreed in principle to accept the tender offer proposed by Claremont Holdings Ltd., a private investment company, to purchase all the outstanding shares.

The terms of the deal were $8 million or $1.80 per share. No other terms of the agreement were disclosed.



To: SSP who wrote (11024)10/5/1999 1:37:00 PM
From: Joe Copia  Read Replies (1) | Respond to of 150070
 
REIC is real. Called Garfield @ 941-261-3396. He was out to lunch but I got some anyways.

Left my number and he is to call back. Spread stinks but float must be small.

$8 mil divided by $1.80 per share means only 4.4444 mil shares total out there.