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Gold/Mining/Energy : Biometric Security Corp (BMS.V) -- Ignore unavailable to you. Want to Upgrade?


To: Veteran98 who wrote (139)1/26/1999 12:09:00 PM
From: Wayne Finucan  Read Replies (1) | Respond to of 181
 
Thanks for the info. Keep us posted.

Wayne



To: Veteran98 who wrote (139)2/2/1999 3:21:00 PM
From: burner  Read Replies (1) | Respond to of 181
 
Biometric private placements

Biometric Security Corp BMS
Shares issued 20,834,412 Jan 28 close $0.20
Fri 29 Jan 99 Private Placement
The VSE has accepted for filing a brokered private placement of:
No. of shares: 6,666,666
Price: 15 cents
Warrants: For 6,666,666 shares
Wt exercise price: 15 cents in year one; 17 cents in year two
Placees: CCD Consulting Commerce Distribution (Fred Dukas)
2,500,000; Kaieteur Resource (Adrian Hobkirk) 666,666;
Triumph Management (Ken Taves) 666,666; and nine others
Agent: Goepel McDermid
Agent's fee: Goepel McDermid is to be paid an agent's fee of 10 per
cent of $1,000,000
Agent's Wt: 1,000,000 agent warrants to purchase up to 1,000,000
shares at 15 cents per share for the first year and at
17 cents for the second
The VSE has accepted for filing a non-brokered private placement of:
No. of shares: 5,000,000
Price: 15 cents
Warrants: For 5,000,000 shares
Wt exercise price: 15 cents in year one; 17 cents in year two
Placees: Ferrier, Lullin & Cie S.A. (Kurt Ruttiman) 1,058,400;
Wendy McCleery 823,000; Rutherford Asset Management
705,600; and 11 others
(



To: Veteran98 who wrote (139)2/10/1999 12:46:00 PM
From: Barry Smith  Read Replies (1) | Respond to of 181
 
What exactly does BMS have ??

Am I correct in assuming they are acquiring 45 percent
of BII. BII has no revenue or am I wrong ??
and BII is 85 percent owned by Arete.

Is this correct and where are we going from here.
Seems like a tangled web of side-deals.

Barry