Monday March 22, 2004 2:30 pm ET
NEW YORK, March 22 — Little Bear Investments LLC (“Little Bear”) announced today that it has participated in a $7 million private placement to purchase common stock and warrants of Genius Products, Inc. (“GNPI”). The financing was spearheaded by Sands Bros International Ltd, (“Sands”) a registered NASD broker-dealer.
Friday February 20, 2004, 10:50 am ET
NEW YORK, February 20, 2004 — Little Bear Investments LLC (“Little Bear”, or the “Firm”) announced today that one of its’ portfolio companies, LiveOnTheNet (“LOTN”), has signed an agreement to be acquired by Traffix, Inc. (“Traffix”, Nasdaq: TRFX). The consideration being paid by Traffix is over $1 million, with 80% in common stock of Traffix. For more information on the transaction please see the TRFX press release at http://biz.yahoo.com/bw/040219/195099_1.html.
Wednesday November 26, 2003, 12:45 pm ET
NEW YORK, November 17 — Little Bear Investments LLC (“Little Bear”) announced today that it has participated in a $14.5 million private placement commitment to purchase common stock and warrants of GoAmerica, Inc. (Nasdaq: “GOAM” ). As part of the transaction, Little Bear also participated in a $1m bridge loan to GOAM, which closed Friday December 19, 2003.