To: Gary105 who wrote (270 ) 5/11/1998 11:13:00 AM From: Bill Bishop Read Replies (1) | Respond to of 306
Any idea what this means? CYBERAMERICA CORP rpts sales of equity securities. IFN Smart Edgar News - May 11, 1998 11:11 %SIC0000 %COM %Unsched %SecChg CNI V%IFN P%SMRT -------------------------------------------------------------------------------- Excerpted from 8-K filed on 05/11 by CYBERAMERICA CORP: CYBERAMERICA CORP rpts sales of equity securities. ITEM 9. SALES OF EQUITY SECURITIES PURSUANT TO REGULATION S On April 17, 1998, the board of directors of CyberAmerica Corporation (the "Company") ratified the execution of a Stock Purchase Agreement (the "Agreement") with Pienne Chow Sau Har, an individual whose residence is Ficus Gardens #7D, Fotan-Shatin, N.T., Hong Kong. Pursuant to the Agreement, the Company received a payment of $17,000 in exchange for issuing 272,000 shares of the Company's Common Stock all of which shares were exempt from registration pursuant to an exemption under Regulation S promulgated under the Securities Act of 1933, (the "Act"). More specifically, the Company received a payment of $17,000 from Pienne Chow in exchange for an issuance of 272,000 shares of Common Stock. The stock sold pursuant to this agreement was sold at $0.0625 per share. [THIS SPACE HAS BEEN INTENTIONALLY LEFT BLANK] ------------------------------------------------------------------------ DISCLAIMER: The information provided through this news feed is excerpted from documents filed with the Securities and Exchange Commission (SEC) and should not be relied upon without review of the full documents filed with the SEC. In no event will Internet Financial Network, Inc., its officers, directors, employees, stockholders or agents, be liable to you or to any third party for any damages, costs or expenses arising or incurred in connection with any action taken or failure to act that is based upond the information contained in or omitted from this news feed or the documents filed with the SEC. ------------------------------------------------------------------------marketwatch.newsalert.com