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To: 2SWEET who wrote (54)11/21/1997 11:25:00 AM
From: Czecho  Respond to of 157
 
Have not seen this info. Where and when??

Thanx
RK



To: 2SWEET who wrote (54)11/21/1997 1:17:00 PM
From: Czecho  Read Replies (1) | Respond to of 157
 
According to the company's PR guy, the 13Mio shares were a private placement to raise cash. The bad news is that this is obviously a dilution problem, though it would be hard to be m,uch more diluted. The good news is that someone has put up a bunch of money, and I would imagine it was not just on a whim. So if we are stupid for owning shoes, this investor is a madman/woman. However, this madman had a couple of mil to invest, so I may as well stay in the asylum.
RK