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Microcap & Penny Stocks : Tokyo Joe's Cafe / Societe Anonyme/No Pennies -- Ignore unavailable to you. Want to Upgrade?

To: ihdus who wrote (54575)	2/11/1999 10:05:00 AM
From: xclently	Read Replies (2) \| Respond to of 119973

EAST--why would shres be exchanged at 3x's mkt. value...why not just buy on the open market for ~$5-$6? biz.yahoo.com >>>ROCKVILLE, Md., Feb. 11 /PRNewswire/ -- Eastbrokers International Incorporated (Nasdaq: EAST; Berlin and Frankfurt Stock Exchanges: ETB) announced today its largest shareholder, Mr. Wolfgang M. Kossner, through his Austrian financial conglomerate, General Partners AG, has purchased, in a private transaction, 526,884 shares of the Company's outstanding common stock. General Partners and Mr. Kossner now own 1,736,523 shares or 33% of the Company's outstanding common stock. The shares were purchased from Mr. Peter Schmid, the former Chairman and Chief Executive Officer of the Company at approximately $15 per share. This is the third time in the past two years that Mr. Kossner has increased his stake<<<