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Microcap & Penny Stocks : INCE - Intercell info??? -- Ignore unavailable to you. Want to Upgrade?

To: Joseph F. Trombetta who wrote (2441)	12/9/1997 12:47:00 PM
From: Bill Pearson	Read Replies (2) \| Respond to of 3358

So, this press release confirms that WS's private placement did close as scheduled, last Friday, and they never did raise all the money they set out to raise....given how long it took to raise a mear $1.5 million, I'm glad this issue is closed (once and for all)! Fortunately, for INCE and their shareholders, it sounds as if INCE has also developed other sources of capital, and these sources seem to be far more capable than WS was at quickly getting INCE the cash they need, when they need it. Press release #1...., bring on the others. Bill Intercell Corporation Announces Completion of Sigma Financing Intercell Corporation, a technology holding Company today announced that a $1.5 million equity and debt financing had been completed for its subsidiary Sigma 7 Corporation. Sigma 7 Corp. manufactures and distributes value enhanced computer memory modules. The financing was arranged by William Scott & Company, Union, New Jersey. William Scott & Company is the investment banker to Sigma 7 Corporation. Mr. Metzinger, President and CEO of Intercell, stated, "Management is delighted with the closing of the financing and appreciates the efforts of William Scott & Company in assisting with the financing." Intercell Corporation announced that Sigma 7 Corp. would use the financing for expanded operations, debt reduction and working capital. Denver-based Intercell Corporation, currently manufactures and rebuilds electron tubes and is engaged in the design and development of patented diamond particle-coated substrates for integrated circuit packaging and interconnection. For further information on Sigma 7 Corporation please contact Mr. Gil Olachea at 619-622-8400. For all of today's news, go to keyword News