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Microcap & Penny Stocks : IATV - ACTV Interactive Television -- Ignore unavailable to you. Want to Upgrade?

To: Ali Khaman who wrote (1094)	11/21/1997 10:31:00 PM
From: art slott	Respond to of 4748

Ali, I would say that future financing will be based on need and success. The 25mil. was never official. The company never issued any PR mentioning they would be raising that or any other figure. With the stock moving down from around 3 it also did not make sense. I see nothing wrong with what they did. All they ever said was we are attempting to raise{at the time} 25 mil. I think they came to realize it would be a big mistake to raise more $ than they needed for Texas and Ca. Why carry all that debt when the set tops are not well distributed. Do it right in Texas and take that winning formula to the next network. Ed, glad you feel the way I do.