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Strategies & Market Trends : Floorless Preferred Stock/Debenture -- Ignore unavailable to you. Want to Upgrade?

To: Zeev Hed who wrote (1266)	2/26/2001 9:06:17 PM
From: ztect	Read Replies (1) \| Respond to of 1438

Didn't know this thread even existed, or I would have sent the following PM to you here instead. Thanks for making me aware of this thread. z. Check out this floorless.......... Learned a lot about floorless financing the hard way, but the links to discussion I'm having about another company's floorless, or euphemistically entitled "floating" financing, are some of the most outrageous I've seen. These terms are 10 times worse than those of another ccompany that I shouldn't have invested in becuase of its floorless placement. The company to which I now refer is a pink sheeted company named ICOA. This company is desparate for cash to fund what IMO is a very specious idea. Anyway below are some links discussing the terms- thought you may find these terms, that should be illegal, interesting. z ragingbull.lycos.com ragingbull.lycos.com ragingbull.lycos.com ragingbull.lycos.com ragingbull.lycos.com ragingbull.lycos.com Especially Perverse Terms ragingbull.lycos.com ragingbull.lycos.com ragingbull.lycos.com ragingbull.lycos.com