Re: Molecular Electronics Corporation

From: Mike Linksvayer (ml@justintime.com)
Date: Thu Mar 23 2000 - 15:56:36 MST


John Clark wrote:
> They may have competition, last month another company,
> California Molecular, received 6 million in financing.

It appears that they haven't actually received $6m. They
are conducting a direct public offering (one may buy
shares directly from the company rather than from an
underwriter, the shares aren't traded on any exchange)
that may raise a maximum of $6m.

Anyone have an opinion of CalMec or any of the people
involved? I can't find much public information apart from
their cheesy website, <http://www.calmec.com/>.

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