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 : The Panda Project (PNDA) -- Ignore unavailable to you. Want to Upgrade?

To: Mitchell Ryan who wrote (862)	2/12/1998 1:56:00 PM
From: chester lee	Read Replies (2) \| Respond to of 1521

<<The securities issued in the private placement were sold in reliance on Regulation D under the Securities Act of 1933 and may not be offered or sold absent registration or an applicable exemption from registration requirements.>> <<The Company may require the investor group to purchase an additional 400 shares with aggregate proceeds of $4.0 million if certain conditions are met. >> I wonder how long we have to wait until the S-3 is available. I can't wait to see what those conditions are. My guess to the discount percentage is 17% for the first 6mm, and 25% for the next 4mm. Chester