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To: MskiHntr who wrote (3417)8/16/1998 11:58:00 AM
From: Thomas M.  Read Replies (1) | Respond to of 5504
 
Read the posts on this thread from the last few months. Zeev spells it all out.

Tom



To: MskiHntr who wrote (3417)8/16/1998 10:50:00 PM
From: Zeev Hed  Read Replies (1) | Respond to of 5504
 
MskiHntr, SI has now two sites where floorless are discussed in general (and not too many posts), just do a title search on "floorless". To make a long story short, it has replaced the Reg S used in the past, now that Reg S has to be disclosed shortly after it issued, the "wunderkids" on the street invented a new instruments which in 90% of the cases, so far is simply a "legal" means to fleece investors in the common shares.

Zeev


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