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Technology Stocks : TAVA Technologies (TAVA-NASDAQ) -- Ignore unavailable to you. Want to Upgrade?


To: Andrew H who wrote (11288)2/14/1998 6:21:00 AM
From: Richard S. Schoenstadt  Read Replies (1) | Respond to of 31646
 
Andrew, Here is the section I was referring to.
"Of the 5,413,606 outstanding Shares offered by Selling Shareholders, 1,835,571 are subject to certain "lock-up"
restrictions. These restrictions prohibit the sale of more than 25% (458,893) of those Shares prior to February 21, 1998 except, in each case, with the prior consent of the holder of $3,500,000 of the Company's outstanding 9% Convertible Debentures and the Company's investment banking consultant."

This starts on line 355 of the S-3.

I suppose it's possible that the consent has already been given.

Also as you can see it's the 21st not the 28th.

RS