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To: Ali Khaman who wrote (1231)12/10/1997 8:28:00 AM
From: anthony karpati  Respond to of 4748
 
Ali,
As far as I know, the pref's have already converted 20% of their stock, but haven't converted anything since August. I think one of the investors needed the money for another venture and converted. You may want to check on that 2 year requirement for this reg-s deal. I don't believe that to be the case, but I could be wrong. Anyway, even if the pref's can convert now, their not, which hopefully is a good sign. Remember, the rollout is very close and e-school should be an added bonus.



To: Ali Khaman who wrote (1231)12/10/1997 9:37:00 AM
From: art slott  Read Replies (2) | Respond to of 4748
 
Ali, you must have read it in BUsinessweek. The Chop Shop story.

The mailmans getting killed in Oxford. He must be ready to sue, he he.



To: Ali Khaman who wrote (1231)12/10/1997 10:02:00 AM
From: The Atheist  Read Replies (1) | Respond to of 4748
 
You are not entirely right. Almost all the Reg-S now adays are not Reg-S but Reg-A or Reg-D and the "norm" is that the hold is 90 days.


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