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To: NASDBULL who wrote (22639)12/4/1998 7:39:00 PM
From: Triffin  Read Replies (2) | Respond to of 119973
 
Offshore .... dilution....

Jim in CT



To: NASDBULL who wrote (22639)12/7/1998 10:17:00 AM
From: Rollcast...  Read Replies (1) | Respond to of 119973
 
That's right - an offshore private placement (usually highly advantaged). Reg S also are not restricted like Reg D placements therefor the stock can be sold- or shorted against- very quickly.

Quite often reg S is bad news for those of us who have to pay market for a stock. The SEC supposedly is trying to restrict reg S like reg D - hope they do it.

Tom S