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Technology Stocks : Interactive Objects Inc. -- Ignore unavailable to you. Want to Upgrade?

To: trader who wrote (20)	3/23/1998 11:46:00 AM
From: Normandi	Respond to of 197

trader.. They acquired a shell..Dont know the answer to the other questions you addressed. Norm

To: trader who wrote (20)	3/25/1998 4:56:00 PM
From: casper	Read Replies (1) \| Respond to of 197

I checked with my broker and this is what he told me: 1. A shell acquired the company and was already registered so of course they did not have to file 15c2-11. 2. The company has enough money to meet current needs but is seeking financing of up to $10 million for expansion. They want to add more staff to produce up to 18 more objects this year. 3. Initial investors put in almost $2 million to fund the company. Some of the stock went to them. But the float is about 4 million and some of that is restricted. They sure have taken off though. Unbelievable volume today. Where's it heading?