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Microcap & Penny Stocks : NSKY - NEW SKY - Movie production and MoviePlace.com site -- Ignore unavailable to you. Want to Upgrade?


To: Donster who wrote (2318)3/26/1999 2:23:00 PM
From: Donster  Read Replies (2) | Respond to of 6548
 
To All: I sent an e-mail to Reynolds inquiring about how NSKY paid for today's announced acquisition: Here is his response:

Dear Don:
        You have inquired as to how New Sky financed the purchase of the 40% interest in The Movie Place. I loaned the Company the funds on an unsecured promissory note. The details of the purchase will be set forth in our first quarter Form 10-Q.
Carl R. Reynolds