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I think you better get a second opinion or clarification of what you're
reading into the Prospectus-- what you're claiming is illegal under U.S.
Securities laws...
At 08:24 pm 1/6/98 -0500, you wrote:
>Afraid you're wrong. Take a look at the prospectus and look at the amount of
>proceeds to selling shareholders and the amount to the company. I think you'll
>find that each of the Cruz's took home more than $6 million plus a dividend of
>an additional $5 million (each) that the company financed through the offering.
>So the 2 brothers took out in excess of $22 million from the IPO.
>
>> Not true! -- On any IPO, the shares held by the Directors, Owners, Officers,
>> etc. are embargoed from being traded for anywhere from 6 to 18 months after
>> the IPO date.
>>
>>
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