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Forums > JT Investment Certificates > Topic: JT Investment Certificate (JTIC) SELL-OUT

Oct 7th 2007, 23:47
Xavier Mohr 		JT Investment Certificate (JTIC) SELL-OUT
Edited by author Oct 7th 2007, 23:53
It is with great pleasure that JT Financial announces at this time that its initial offering of 2,000,000 JT Investment Certificates has fully sold in less than five hours of IPO at the SL Capital Exchange.

We look forward to bringing this fine banking product to the CapEx trading floor as soon as possible. For those investors that did not get the opportunity to invest in the certificates during the IPO stage, rest assured that more JT Investment Certificates will be released soon from our treasury shares, per our prospectus.

At this time we would like to thank all current investors that have made the JT Investment Certificate IPO so successful, filling in such record time.

As a reminder, JT Investment Certificates earn 0.2% daily interest -- paid in the form of a dividend on the first of each month -- beginning November 1, 2007. The certificates mature April 30, 2008 when outstanding shares will be repurchased for L$1 each.

JT Financial Management
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Oct 8th 2007, 01:29
Kadena Whitfield 		Re: JT Investment Certificate (JTIC) SELL-OUT
i had thought that they would have at least lasted a week. but 4 and a half hours for 2 million bonds is just simply amazing. thank you everyone for making this possible.
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Oct 8th 2007, 02:08
Carrington Stepford 		Re: JT Investment Certificate (JTIC) SELL-OUT
I had thought the same thing. I am glad I did get in early. :D
It is the quickest IPO I have seen. :D
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Oct 8th 2007, 15:03
Strongman Shelford 		Re: JT Investment Certificate (JTIC) SELL-OU
Do we need to place a sell order at April 30, 2008? or is not neccesary?
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Oct 8th 2007, 17:27
Arnaud Villota 		Re: JT Investment Certificate (JTIC) SELL-OU
Hmmm, I think YEP! sold out in 34 Seconds if I remember right! I do remember that I missed it because I was on an airplane!!! :(

Or maybe it was another one. SL goes by so quickly!

It is amazing that an idea like MECH is ignored by many investors, and yet the banking and real estate stocks go like a snap. I long for the days when innovative stocks like YEP! went quickly because we were looking for something different, not something "safe".

Anyway my point is, unsupported optimism is sometimes dangerous. Not a slam on any stock, corporation, exchange, or CEO, please do not take offense!
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