SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Microcap & Penny Stocks : Tokyo Joe's Cafe / Societe Anonyme

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Dave Gore who wrote (2716)6/4/1998 10:36:00 PM
From: Andrew H  Read Replies (1) of 8798
 
>>The Dec filing says they have just under 10 million shares (incredibly low) , but it is true that since then there have been perhaps 10-30 million more shares added. It apparently is really hard to know for sure. <<

David, I would guess this is the heart of the problem. If the company cannot say for sure how many shares there are or will be, then investors will remain skeptical and scared. The company should know and should clarify. Are you saying when the name change takes place that these 10-30M shares will not be valid--had the company stated this publicly?

I know Joe looked into the company and was less then satisfied. However, if the outstanding shares matter was cleared up, I am sure tht would go a long way toward easing investor's concerns.

Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext