Looking very promising as some players with an extremely good track
record are getting involved. This could be a homerun especially for
those who averaged down between .20-.30. Check out what Napier has
done lately and check the situations Bradley Aelicks has been involved with--you will be impressed.
Consolidated Ecoprogress Technology Inc
CES
Shares issued 1,559,924
1998-11-17 close $0.43
Wednesday Nov 18 1998
Mr. Michael Daniels reports
The company has appointed Bradley T. Aelicks as a director effective
immediately.
Consolidated Ecoprogress Technology Inc
CES
Shares issued 1,559,924
1998-11-20 close $0.5
Monday Nov 23 1998
The VSE has accepted for filing the company's proposal to issue 740,000 shares
at 25 cents to settle outstanding debt.
Consolidated Ecoprogress Technology Inc
CES
Shares issued 1,559,924
1998-11-27 close $0.45
Friday Nov 27 1998
Mr. Michael Daniels reports
At the Nov. 26 AGM, shareholders approved any possible change in control of the company resulting from the completion of the previously announced private placement (see Stockwatch Oct. 9, 1998), respecting the issuance of 2,744,000 units at 25 cents for $686,000, together with the previously announced shares for debt transaction respecting the issuance of 740,000 shares at 25 cents.
The company has arranged a further private placement of 1,276,471 units at 34 cents per unit, with 1,176,471 of the units consisting of one share and one warrant, and the remaining 100,000 units consisting of one share and one-half warrant. Each whole warrant is exercisable for one additional share for two years at 34 cents in the first year and 40 cents in the second. The proceeds of $343,000 will be used to provide for the proposed and expanded consumer marketing
program for the product line, now totalling approximately $200,000, for the purchase of additional physical inventory, ($100,000) for payment of local freight and warehousing costs, ($50,000) and to enhance working capital ($84,000).
There are no finder's fees or commissions payable.
Consolidated Ecoprogress Technology Inc
CES
Shares issued 1,559,924
1998-11-30 close $0.6
Tuesday Dec 1 1998
The VSE has accepted for filing a non-brokered private placement of:
No. of shares:
684,000
Price:
25 cents
Warrants:
For 684,000 shares
Wt exercise price:
25 cents in year one; 29 cents in year two
Placees:
Concord Sales (Mike Donald) 160,000; Darren Sherwood
140,000; Brian Besco 120,000; and five others
The VSE has accepted for filing a non-brokered private placement of:
No. of shares:
2,060,000
Price:
25 cents
Warrants:
For 1,030,000 shares
Wt exercise price:
25 cents in year one; 29 cents in year two
Placees:
Napier International Technologies 1,200,000; Mike
Fitzmaurice 472,000; and Ken Taves 388,000
Finders' fees:
$27,500 in cash to Erin Hindle; and 22,734 shares 32 cents to
Mahmood Mangalji |
