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To: Razorbak who wrote (2315)4/5/1999 6:18:00 PM
From: dwight martin  Read Replies (1) | Respond to of 7720
 
rate? Did you mean "date?"

I take this to mean only that there is the minimum possible chance that the number of shares [not warrants] in the placement will be adjusted upward.



To: Razorbak who wrote (2315)4/5/1999 8:23:00 PM
From: Zeev Hed  Read Replies (1) | Respond to of 7720
 
Razor, I see nothing wrong with this provision, it takes sometime to do the S-3 and if there is a maelstrom coming, the investor should have the right to adjust the price to the date the registration is effective.

Zeev