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Technology Stocks : DBS INDS - (OTC:BB DBSS) -- Ignore unavailable to you. Want to Upgrade?

To: VentureSum who wrote (92)	5/7/1999 10:06:00 AM
From: Dennis R. Duke	Read Replies (1) \| Respond to of 136

Well we have are answer. DBSS filed an SB-2 on May 3rd with the SEC. Our new contractors bought in at the guessed $3.00 according to the filing: "In April 1999, two of DBSI's contractors made capital investments in DBSI of $5 million in exchange for 1,666,667 shares of Common Stock acquired from DBSI at $3.00/share." Looks like the SB-2 is to get the shares unlegended and tradable for the parties involved. This filing covers many different transactions that the Company has done in the past. Interesting reading. It also mentions the E-Sat controlling interest as a significant risk that needs to be overcome. For the raw SEC filing: sec.gov DBSS also filed a Proxy Statement for an Annual Shareholders meeting on June 8th: sec.gov Appears to be normal Directors and options issues only. But might be an interesting meeting to attend. Anyone going? Later, Dennis