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Technology Stocks : VALENCE TECHNOLOGY (VLNC) -- Ignore unavailable to you. Want to Upgrade?

To: MGV who wrote (26877)	10/23/2007 9:28:21 PM
From: Cheeky Kid	Respond to of 27311

It's appears to me from your recent postings, and past posting history, you are here just looking to make trouble. Bu-Bye.

To: MGV who wrote (26877)	10/23/2007 9:28:27 PM
From: MGV	Read Replies (1) \| Respond to of 27311

The link to what you call an open market purchase didn't come through. Here is the synopsis - No open market purchase: ITEM 3.02 Unregistered Sale of Equity Securities. On September 20, 2007, Valence Technology, Inc. sold $1.0 million of its common stock to Berg & Berg Enterprises, LLC, an affiliate of Carl E. Berg our chairman of the board. The proceeds will be used to fund corporate operating needs and working capital. Under the terms of the agreement, we issued 729,927 shares of our common stock, par value $0.001 per share, in a private placement transaction exempt from the registration requirements of the Securities Act of 1933, as amended, pursuant to Section 4(2) thereof. Berg & Berg Enterprises, LLC purchased these shares at $1.37 per share.