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Non-Tech : Auric Goldfinger's Short List -- Ignore unavailable to you. Want to Upgrade?

To: Brian who wrote (4388)	12/15/1999 4:26:00 PM
From: tuck	Respond to of 19428

Brian, You might be right about the timing. There appears to be no lockup in the agreement. These guys can take some of their windfall off the table at any time: sec.gov Note this passage: "2.2 Accredited Investor; Investment Intent. The Purchaser is an accredited investor as that term is defined in Rule 501 of Regulation D, and is acquiring the Shares solely for its own account for investment purposes as a principal and not with a present view to the public resale or distribution of all or any part thereof, except pursuant to sales that are exempt from the registration requirements of the Securities Act or sales registered under the Securities Act; provided, however that in making such representation, the Purchaser does not agree to hold the Shares for any minimum or specific term and reserves the right to sell, transfer or otherwise dispose of the Shares at any time in accordance with the provisions of this Agreement and with Federal and state securities laws applicable to such sale, transfer or disposition." I could find nothing elsewhere in that document that restricts this right. Can you? Cheers, Tuck