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Technology Stocks : SFLK -- Ignore unavailable to you. Want to Upgrade?

To: Francois Goelo who wrote (1468)	10/20/1999 12:27:00 PM
From: StockDung	Read Replies (1) \| Respond to of 1591

Are you enjoying it? SFLK - SOFTLINK INC Exchange: OTCBB Delay: at least 15 minutes Last Price: 1 3/8 at 12:03 EDT Change: Down 0.062 (-4.31%) High: 1.437 at 9:32 EDT Low: 1 3/8 at 12:01 EDT Open: 1.437 Previous Close: 1.437 on 10/19 Volume: 20,100 Currency Units: US Dollar Confirm all data with your broker or financial advisor before trading. Data by: S&P ComStock

To: Francois Goelo who wrote (1468)	11/3/1999 9:16:00 AM
From: StockDung	Respond to of 1591

FRancois, A BEVY of DOOM and GLOOM was just filed by SFLK with the SEC. You were wrong and owe me an apology tenkwizard.com August 17, 1999, we entered into a convertible preferred stock purchase agreement with Deephaven Private Placement Trading Ltd. and Hornbower Investors LLC pursuant to which Deephaven and Hornbower were each issued 150 shares of convertible preferred stock and received warrants to purchase 120,000 shares of our common stock. The preferred stock is convertible into a variable number of shares of our common stock at the option of the preferred stockholders. In addition, subject to certain exceptions the preferred stock automatically converts into common stock on August 17, 2002. Holders of preferred stock are entitled to receive cumulative dividends at the rate of seven percent per year, payable in cash or shares of our common stock. We may redeem the preferred stock at any time, with prior notice, if the conversion price falls below or equals $1.75 per share. The warrants may be exercised at any time during the five-year period following their issuance at an exercise price of $2.43756 per share. In connection with this private placement of preferred stock and warrants, we issued warrants to purchase 150,000 shares of common stock to Cardinal Capital Management LLC. Cardinal Capital Management LLC, who also received a payment of $180,000, acted as a finder in this financing.