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Non-Tech : INVT - Investamerica, Inc.
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To: Seer who wrote (33)11/1/1999 10:12:00 AM
From: Elonora   of 214
 
Seer, authorized shares doesn't matter. The company can change it at a moment's notice to whatever it wants. CEO Kitts told me 9.8 million shares total o/s. And the merger deal would involve shares of PREFERRED stock convertible to common stock. I'm guessing the conversion ratio will be around the 10 million share range, which would give FibrX control of INVT. Still at 29 million shares, with a $30 million contract in hand and others to follow in the hot fiber optics field. Well.... I think we're going to get rich.
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