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Microcap & Penny Stocks : FRANKLIN TELECOM (FTEL) -- Ignore unavailable to you. Want to Upgrade?

To: Randy Brummitt who wrote (22895)	12/10/1997 11:09:00 AM
From: Scott M. Vaughn	Read Replies (4) \| Respond to of 41046

Not much help. This is all I could find on JNC. If it even maters. Golden, CO, April 9, 1997 (DLD Digest) -- Phoenix Network, Inc. (AMEX: PHX), a long distance telecommunications provider, announced today that it has completed the sale of $3 million in convertible preferred shares through a private placement with JNC Opportunity Fund, Ltd. JNC Opportunity Fund is organized and existing under the laws of the Cayman Islands. "Pursuant to Section 4(2) of the Securities Act of 1933, as amended, on September 30, 1997, the Company (Palomar Medical Technologies, Inc.) sold a total of $7,000,000 in convertible debentures to three investors; $3,500,000 to JNC Opportunity Fund, Ltd., $1,500,000 to Diversified Strategies Funds, L.P. and $2,000,000 to Southbrook International Investments, Ltd.