SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : Audio and Radio on the Internet- NAVR -- Ignore unavailable to you. Want to Upgrade?


To: Annette who wrote (16755)5/13/1999 12:57:00 PM
From: Bald Man from Mars  Read Replies (2) | Respond to of 27722
 
so why is the toilet suffer so much damage ???



To: Annette who wrote (16755)5/13/1999 1:03:00 PM
From: Patherzen  Respond to of 27722
 
IPO Rules and SEC filing from the Ghost...(Part 1)
Ghost is a poster in Yahoo who is awesome...Patherzen

The Whole New Filing ++
by: ghost_bucks 52845 of 52873
Good Job Spearfish!!!

As usual, no company news, thus the new filing will go unnoticed...again.

In reading the new ammendment (#2), while it is smaller, nothing jumps out indicating what was changed. So far, the basic things seem to fit what we already knew.

IMPACT
Since I'm not sure what has been changed in #2, it might be assumed it remains an incomplete filing and maybe another amendment is yet to come. I don't think we have evidence of formal SEC approval for anything yet.

If approval is granted say in 30 days, and the prospectus is advertised as required, 3 days at least and 10 days more for mandatory wait (roadshow time), the offering would go public 43 days from now and would have to close on or before 15 days after that.

If the SEC can blast it through, maybe the first week in June is possible (I doubt it). With the backlog in IPO filings before the SEC, it's hard to say how long their approval will take.

-------------
Here's a link to a good description of the IPO rules (posted it last night);
secbd.org
-------------

If you don't already have it, here's the link to the entire new filing;
freeedgar.com ar=99&SECIndex=19862&Extension=.tst&PathFlag=0&TextFileSize=385886&SFType=&SDFil ed=&DateFiled=5/13/99&SourcePage=FilingsResults&UseFrame=1&OEMSource=&FormType=S -1/A&CompanyName=NET+RADIO+CORP
-------------

WHEN IT FINALLY GOES PUBLIC - FOLLOW THE MM'S ACTION (from filing)

In order to facilitate this offering, the underwriters may engage in
transactions that stabilize, maintain or otherwise affect the price of our
common stock.