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

To: CerealMan who wrote (80187)	2/15/2001 10:07:13 AM
From: CerealMan	Read Replies (2) \| Respond to of 150070

new details on secondary offering...i just got off the phone with craig IR for TBF... common shareholders will be able to participate in the offering. the shares will be offered @ .10 per share and will be "restricted for 1 year". that means you will have to hold the shares for at least a year. the minimum dollar purchase is $10,000 or 100,000 shares. there is a 2 month window for this offering. they are looking to raise $5,000,000. if the shares are bought before the 2 month period, the window will be closed. no more shares will be offered. there is a limit of 35 investors with a net worth less than $1, million dollars. the rest will be made up by those with a net worth OVER $1 million dollars...if you are interested please call CRAIG @ TBF for more details and a perspectus...dilution from the offering will be 13.7 % of the shares. DNAP will use the money to hire new folks and equipment that is 100times faster than they are currently using...see phototoart's previous post. craig also said that we will know on wed feb 21 if we will be listed on the BB or if we will have to go thru another round of questions and answers. lets keep our fingers crossed that the person handling DNAP's response is having a good day and allows our listing next week...LOL...BTW that last sentence is my comment and not from the company or craig...LOL... good fortune... pops