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Re: SOKAL6 post# 14771

Wednesday, 10/31/2007 12:40:30 PM

Wednesday, October 31, 2007 12:40:30 PM

Post# of 19383
I won't go into your math, but let's leave it to say that that is how private offerings work. They are a discount to market with a nice upside built right in through optinality. That is with firms that have a hard time accessing capital. This was managed extremely poorly.