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Biotech / Medical : BriteSmile Inc. (BWT), formerly ILT -- Ignore unavailable to you. Want to Upgrade?


To: CMon who wrote (178)1/13/2000 1:23:00 PM
From: chambourcin  Read Replies (1) | Respond to of 182
 
$20 million in financing in exchange for 3.3+ million shares, about $6 bucks a share. The money will be used to greatly expand BWT's presence in dentists' offices, and for international expansion. The worry over dilution of equity seems to be more than offset by the prospect of higher profit through the expansion, judging by the price action today.