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HyperSpace gets funding to try to keep stock listing

April 27, 2006 /

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Bear Paw Development Corporation is a private non-profit organization created for the purpose of administering programs to help improve regional economic conditions in Hill, Blaine, Liberty, Chouteau and Phillips Counties and the Fort Belknap and Rocky Boy's Indian Reservations.

The company that owns MPC Computers in Nampa is appealing to keep its spot on the American Stock Exchange Thursday, armed with a $5 million vote of confidence from current investors and plans to raise $25 million more.

HyperSpace Communications http://www.ehyperspace.com/ announced the $5 million loan Wednesday, and said a new investment bank has joined the company’s efforts to convince pension plans, insurance companies and other big-money investors to buyinto the company’s future as a computer-and data-storage-maker.

Gregory Hahn
Idaho Statesman

Full Story: http://www.idahostatesman.com/apps/pbcs.dll/article?AID=/20060427/NEWS0202/604270371/1029/NEWS02