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Technology Stocks : Healthcare.com Corporation (Nasdaq: HCDC)was [HDIE] -- Ignore unavailable to you. Want to Upgrade?


To: Robert DeHaven who wrote (2623)8/12/1998 9:02:00 PM
From: TickerHound  Read Replies (1) | Respond to of 15094
 
Robert, FYI - Previous Post

To: Andrew H (2542 )
From: David Sheridan Monday, Aug 10 1998 10:08PM ET
Reply # of 2624

Andrew - Weren't you here when the original S3 was filed? Sorry to alarm you. I emphasized the A in S3/A, just so's not to freak anyone out.

Today's filing is nothing to worry about. Trust me. :::heeheehee:::

aha - editing window still open. Here's the relevant paste from the original S3 - back on 6/1.

The Shares
offered hereby were issued by the Company in connection with (i) the Company's
acquisition on December 31, 1997 of the remaining 50% interest in Criterion
Health Strategies, Inc. ("CHS") that the Company did not previously own and (ii)
the Company's merger of a wholly-owned subsidiary of the Company with HUBLink,
Inc. ("HUBLink") on May 12, 1998. The Company will not receive any of the
proceeds from the sale of the Shares by the Selling Shareholders. See "The
Selling Shareholders."

Feeling better now? :-))

S3 was ammended because:

As initially filed, the Registration Statement reflected an aggregate of
3,342,802 shares being registered, and the proposed maximum aggregate
offering price of $11,490,882 was calculated based on that number. As
recalculated to reflect an adjustment in the number of shares issued to one
of the selling shareholders, the actual number of shares to be registered
is 3,341,571 shares, and the proposed maximum aggregate offering price is
$11,486,650.

p.s. Criterion kinda sucked, imo, but HUBLink has already proven to be a winner!! [European and African deals are, I believe, due to HUBLink.]



To: Robert DeHaven who wrote (2623)8/12/1998 9:52:00 PM
From: Emec  Respond to of 15094
 
Robert, I am surprised at you as well. You should nknow better. This S3 is meaningless. It is done after every acquisition in the history of the stock market when the acquired company's shareholders are paid in stock of the acquiring company. AN s3 does not mean that anyone is selling. When Hublink's shareholders received their stock in the acquisition, that stock is worthless because they cannot sell it in the open market. I ask you. If you had a company that you sold and received stock, would you be happy holding worthless paper. The S# is merely filed to register the shares given to the Hubling shareholders and allows them to sell the shares IF THEY SO DESIRE. As I stated, the people at Hublink are not stupid. They jumped at the opportunity to sell to HDIE and take stock as opposed to cash because they know what the future holds for HDIE.