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Non-Tech : IMPCO Technologies (IMCO), formerly AirSensors (ARSN) -- Ignore unavailable to you. Want to Upgrade?


To: Jim Spitz who wrote (257)6/14/2001 4:13:34 PM
From: Jim Oravetz  Read Replies (2) | Respond to of 298
 
IMPCO Technologies, Inc. Announces Plans to File for Offering Of Common Stock

CERRITOS, Calif., June 14 /PRNewswire/ -- IMPCO Technologies, Inc.
(Nasdaq: IMCO) announced today that it plans to file a registration statement
with the Securities and Exchange Commission for a proposed public offering of
approximately one-million shares of common stock during the third calendar
quarter of 2001.
IMPCO indicated that it anticipates using the proceeds from the offering
to fund the operations of its subsidiary, Quantum Technologies, Inc. and for
general corporate purposes, including working capital.

FWIW, this 10k psi tank is just in the concept phase now. I'm sure the end result will be something almost "bullet proof" in order for it to be approved.
Jim