Harris & Harris Group Increases Investment in Sundial.NEW YORK--(BUSINESS WIRE)--Dec. 15, 1999-- Harris & Harris Group, Inc. announced that it has increased its investment in Sundial sundial, instrument that indicates the time of day by the shadow, cast on a surface marked to show hours or fractions of hours, of an object on which the sun's rays fall. Marketplace Corporation (www.sundial.com) by purchasing from Sundial a $250,000 note with equity features under certain circumstances. Prior to the potential activation of the equity features of this $250,000 note, Harris & Harris Group owns a 20 percent fully diluted di·lute tr.v. di·lut·ed, di·lut·ing, di·lutes 1. To make thinner or less concentrated by adding a liquid such as water. 2. To lessen the force, strength, purity, or brilliance of, especially by admixture. ownership interest in Sundial, which it purchased for $500,000 on August 17, 1999. Privately owned Sundial Marketplace is a business-to-small business and individual consumer, e-commerce company established to simplify and make efficient the buying process for retail telecommunication telecommunication Communication between parties at a distance from one another. Modern telecommunication systems—capable of transmitting telephone, fax, data, radio, or television signals—can transmit large volumes of information over long distances. services, by aggregating demand for wireless and other services through its Website. The Sundial site allows customers to compare telecommunications service In telecommunication, the term telecommunications service has the following meanings: 1. Any service provided by a telecommunication provider. 2. plans, order a service plan and wireless phone that meets their needs, and pay for the service through an online credit order process. Harris & Harris Group is a Business Development Company with 9,240,831 common shares outstanding. Detailed information about Harris & Harris Group and its holdings can be found on its Website at http://www.hhgp.com. This press release may contain statements of a forward-looking nature relating to relating to relate prep → concernant relating to relate prep → bezüglich +gen, mit Bezug auf +acc future events. Shareholders are cautioned that such statements are predictions and that actual events or results may differ significantly. |
|
||||||||||||||
Printer friendly
Cite/link
Email
Feedback
Reader Opinion