SPACE MICROWAVE <SMLI> SETS SECURITIES OFFERING
Space Microwave Laboratories
Inc said it registered with the Securities and Exchange
Commission a secondary offering of 2,200 units of its
securities at 1,000 dlrs per unit.
    Each unit consists of shares of common stock, common stock
purchase warrants and 1,000-dlr principal amount of convertible
subordinated debentures.
    RLR Securities Group Inc will underwrite the offering.
 Reuter
