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Bullboard - Stock Discussion Forum Isee3D Inc ISEDF

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Isee3D Inc > No Warrants--That's nice
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Post by bobo12345 on Jan 11, 2010 10:54pm

No Warrants--That's nice

ISee3D Announces $3.3 Million Brokered Private Placement

Montreal, QC, Canada – December 8, 2009 ISee3D Inc. ("ISee3D") (TSX-V: ICT) is pleased to

announce that it has engaged Union Securities Ltd. to act as ISee3D's lead agent for a syndicate

including Haywood Securities Inc. (the "Agents") on a commercially reasonable efforts basis in

connection with a private placement (the “Offering”) of up to 4,400,000 common shares (the

“Shares”) at a rate of
.75 per Share for aggregate gross proceeds of up to $3,300,000. The

Agents will receive a cash commission equal to 7% of the aggregate gross proceeds of the

Offering and a work fee of $15,000.

The Shares issued pursuant to the private placement will be subject to a four month hold period

and the offering will be subject to the approval of the TSX Venture Exchange. Proceeds from

the Offering will be used for general working capital requirements.

About

Comment by don118 on Jan 12, 2010 9:32am
This is just time to buy more. ......:)Don
Comment by don118 on Jan 12, 2010 9:39am
New dimensionsBattelle helps refine 3-D camera technology that could change film-makingBattelle researchers are working with a Canadian company to create a camera that might change the way movies are made, whether by Hollywood directors creating big-budget films or parents shooting a grade-school musical.The work involves high-definition, 3-D technology, the same that gives moviemakers the power ...more  
Comment by don118 on Jan 12, 2010 9:44am
Battelle researchers are working with a Canadian company to create a camera that might change the way movies are made, whether by Hollywood directors creating big-budget films or parents shooting a grade-school musical. The work involves high-definition, 3-D technology, the same that gives moviemakers the power to shoot eye-popping extravaganzas such asAvatar. The twist is the new work ...more  
Comment by slackdc on Jan 12, 2010 11:07am
Thanks Don.  It's good to see that they don't seem to be worried about competing developments.I guess it's a case of creating a bigger pie for all.
Comment by bobo12345 on Jan 12, 2010 6:47pm
Yes,time to buy more at this level.Warrants are common when doing a PP...in this case the people that put up money are happy with .75cents and no warrants...this is very good for ICT,no dillution later.Much of the selling now could be all them PP's they did at the beginng of the year at .15 with warrants...selling at a buck is good money for them but I'm sure they keeping most for ride to ...more  
Comment by slackdc on Jan 12, 2010 7:38pm
Not to knock the stock, but the spike could have been caused by someone taking a relativelylarge bite from the rather slim float.
Comment by vila on Jan 12, 2010 9:57pm
Not to knock the stock, but the spike could have been caused by someone taking a relativelylarge bite from the rather slim float. Or...... by hundreds of small investors like me who buy 10K after finishing their dd.
Comment by bobo12345 on Jan 12, 2010 11:45pm
Maybe a combination of both..but IMO that spike was due to people close to the company know something good is in the pipeline.They just completed the 3M$ PP in Dec09 so maybe  people close to them people not being able to buy into that PP bought on the open market...usually PP buyers are always given a little more info then us due to the fact they need convincing to put up coin ...more  
Comment by don118 on Jan 13, 2010 9:42am
Thats right Bobo.Stocks do not spike because the sun is out. They spike like that on a leak. A leak which generated some excitement.There is no doubt in my mind there are many things going on behind the scenes. This technology could get bought out for a very significant amount of money. The patent. Thank the Lord for that.I'll buy a few more today. This is very cheap for a stock with this ...more  
Comment by stockarchangel on Jan 13, 2010 10:27am
Our fool is still indiscriminately dumping stock, and until he/she/they are gone, we either sit back and wait patiently or take the opportunity to pick up cheap shares. Unfortunately, with someone as stupid as this, you never know where the bottom is.
Comment by don118 on Jan 13, 2010 10:57am
Stupid is what stupid gets....:)Thank the Lord for stupid people. I just bought more...:)
Comment by bobo12345 on Jan 13, 2010 4:09pm
not really stupid,if they got in at .15 and have warrants to buy at .15 why not sell some and buy warants...also there 400K that went out at .023 I think for patented tech ICT bought for a Million,those also came due not longago...so it could be those shares coming to market aswell...btw good deal ICT made there 400K and 75K a month for 8 months for technology.Good in the sence that buyer ...more  
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