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Gold/Mining/Energy : T.ITE: iTech Capital (TSE) -- Ignore unavailable to you. Want to Upgrade?


To: knight who wrote (4929)3/25/2001 7:54:16 PM
From: Condor  Read Replies (2) | Respond to of 5053
 
from a Mar 19/01 news release
"To update our investing activity, in the second half of 2000 iTech made an additional investment in Medsite through
a Participating Series C Convertible Preferred Stock, bringing its total investment to US$2,600,000. The financing
round was led by Chase Capital Partners and included Morgan Stanley Dean Witter Venture Partners, The
Argentum Group and others. ``We continue to be impressed with Medsite's business model and strategy, and the
Company continues to perform well. Using the power of the Internet, Medsite provides a broad range of innovative
products and services to its large and growing physician customer base'', stated William Staudt. "

It would appear that your feelings on Medsite is different than Argentums and ITE. What insight do you have to conclude the deal was flushing??
Regarding your full circle, Loma de Niquel is a holding that the company had from the old mining days and does not represent any infusion of new money since they went into incubating.
Do you still own ITE?
Regards
C