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Biotech / Medical : Pharmos (PARS) -- Ignore unavailable to you. Want to Upgrade?

To: David Israel-Rosen who wrote (596)3/4/1999 4:51:00 PM
From: Dr. John M. de Castro  Read Replies (1) | Respond to of 1386
 
I doubt that Centenial is responsible for the shorts. Here's an interesting clause from the agreement.

"Centennial has agreed that it will not maintain a short position with respect to the common stock which is greater than the number of shares most recently sold, or to be sold following a written notice to sell, to Centennial under the equity line of credit agreement."

I suspect that Castle Creek is the source of the shorts.

John de C


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