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Technology Stocks : INFORMATION ANALYSIS (IAIC) - YEAR 2000 Date Remediation -- Ignore unavailable to you. Want to Upgrade?


To: RikRichter who wrote (1220)1/17/1998 1:12:00 AM
From: Brad Davies  Read Replies (1) | Respond to of 2011
 
Thanks for the link. Found this quote to be very interesting

RECENT EVENTS

Between January 9 through January 14, 1998, the Company
raised approximately $6.0 million in capital from private sales of shares of its
Common Stock to holders through the sale of 545,155 shares at a price of $11.00
per share.

Seems the company wasn't to anxious to announce that the private placement was done at $11. That piece of information was missing from their press release.
All of the lucky PP shareholders can now sell their 545000 shares for a $6 profit....If the MM will take them,
Ron