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Microcap & Penny Stocks : WCAP - Winfield Capital: Insider buying -- Ignore unavailable to you. Want to Upgrade?

To: Tom Hua who wrote (449)	3/16/1999 8:45:00 AM
From: Rajiv	Respond to of 1305

I found the press release. This does mention Series B but the numbers don't add up. According to the S-1 the preferred stock was sold at a much higher price. I could not find anything about splitting/reverse-splitting of the Series B stock. The relevant part (from the press release) Winfield Capital has purchased 1,178,304 shares of Series B redeemable convertible preferred stock of Juno at purchase price of $1.4246843 per share which are convertible (currently on a one for one basis) into shares of common stock of Juno. Winfield Capital's investment was part of a private placement in which Juno raised gross proceeds of $65.0 million. The securities held by Winfield Capital will be subject to restrictions on transferability. Regards. Rajiv