Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : TAVA Technologies (TAVA-NASDAQ) -- Ignore unavailable to you. Want to Upgrade?

To: TokyoMex who wrote (6904)	12/5/1997 12:24:00 PM
From: jan m.	Respond to of 31646

I hope I can put this private placement thing to rest. I made another call to Fred Betz---what a tolerant man! The PP shares went to 5 institutions and one private investor. As part of the agreement with the SEC and the PP, the shares needed to be registered with an S-3 filing. The S-3 was filed in October and the SEC came back with a list of questions that needed to be answered. These have been addressed and sent back today. If there are 6 participants in the PP, it doesn't stand to reason that they would all choose to dump their shares on the market at the same time for a piddly profit of one or two bucks a share. BTW, we just had an earthquake as I was typing,it may be a message for me to listen to Skip and get off this subject. Jan