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Re: kruimel post# 6635

Friday, 08/11/2006 7:20:01 PM

Friday, August 11, 2006 7:20:01 PM

Post# of 14027
$2.25 is a "proposed offering" not an "offer", as in offer to buy. A big difference in terminology (just like cpaitalization and capitalize in today's PR). Offering = sale of security. In this case I think they were talking about sale of stock for Global Oil Tools on the London and Libya stock exchange. I think the confusion was intentional.

Just for fun google "proposed offering" and see what returns. Every single subject is about sale of security.