To: ralph keating who wrote (41) | 10/15/1997 4:33:00 AM | From: Jonathan Bulkeley | | |
QGLY in the UK...maybe not
Perhaps I spoke too soon. One of the frequent posters here told me that there is another product in the UK with the name of Cold-Eeze and since I didn't actually see the packaging myself, I'll have to take what I said back and go out to the store myself and see what I find. Anyway I have a bad cold so I'd better go anyway :)
Cheers
Jonathan |
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To: Frank Brisebois who wrote (44) | 10/18/1997 10:52:00 PM | From: ralph keating | | |
where are the quig's this weekend? looks like quigs atemp at financing through sands will end up costing some bucks 700k or 417,000 after taxes the 10-QSB reads well & is worth the time filled june 30,1997
ralph :> |
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To: ralph keating who wrote (45) | 10/19/1997 6:06:00 PM | From: erin4 | | |
What is" sands"? Coldeeze on endcaps in Safeway Supermarkets and in Fresh Fields--Whole Food Markets in Northern Virginia, ( Wash,DC suburbs}. Looks like I wont run out this winter. Also Coldeeze in Rite Aid pharmacys in the area. |
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To: erin4 who wrote (46) | 10/19/1997 7:22:00 PM | From: Gary Clarke | | |
All we need now is a RE-RUN of the 20/20 show and there will be another shortage of supplies. Gary |
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To: erin4 who wrote (46) | 10/19/1997 9:19:00 PM | From: ralph keating | | |
Sands brothers & Co., LTD was to provide investment banking services to qgly. the agreement was oct 1,1996 I guess george longo was not around to veto that plan.
from 10-QSB On October 1, 1996, the Company entered into an agreement with Sands Brothers & Co., Ltd, ("Sands") to assist the Company raise additional capital and to provide other investment banking services. For this service, Sands received 800,000 warrants at an exercise price of $1.75. Subsequently, this contract, was modified in November 1996, and stipulated Sands had the conditional right to purchase, at $10 per share, 200,000 shares of the Company's stock, for every million dollars they identify for the Company in a private placement of the Company's Stock pursuant to Regulation D. The Company desired that the private placement was not to exceed $10 million. During the first quarter of 1997, the Company decided not to pursue a private placement offering. Therefore, the aforementioned possible additional warrants for Sands will not materialize.
However, in order to terminate this arrangement with Sands, the Company issued to Sands 350,000 additional warrants to purchase the Company's stock at $10 per share. Accordingly, a provision for loss of $700,000 ($417,000 net of taxes) for a total of 1,150,000 warrants issued to Sands, and other expenses expected to be incurred, was charged against earnings.
ralph :> |
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