Archived posting to the Leica Users Group, 2005/08/05

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Subject: [Leica] Leica status
From: leicaluvr at comcast.net (Tom Schofield)
Date: Fri Aug 5 21:51:10 2005
 
It sounds like shareholders challenged because they did not want their %
diluted if Hermes and the #2 were sold additional shares, and that they
settled by agreeing to let other shareholders buy shares to maintain their
interest.  
Logical.
Tom Schofield

Subject: [Leica] Leica status

Frank, I have written an updated "Leica Financial Situation" in which I  
rewrote a new press release from Leica saying that they had reached an
agreement 
with shareholders so that it can issue more stock and raise capital to  
continue operating. It added that sales are better than expected...regards,
bob  cole
In reply to: Message from Thinkofcole at aol.com (Thinkofcole@aol.com) ([Leica] Leica status)