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Microcap & Penny Stocks : Amazon Natural (AZNT)

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To: tonto who wrote (386)8/21/1998 2:59:00 PM
From: DavidCG   of 26163
 
I didn't ask the Transfer agent for details.

All I know is that since June, the outstanding shares went from
53 million to 70 million shares.

Why did they increase the outstanding by 17 million shares in such a short period of time?

See, I personally didn't like that aspect of whatever they are attempting to do.

The spread does point to either a lowish float or a small amount of MM's on this.

If the "short squeeze" works, I will bring this method to the CEO of QTNT who only has 8 million outstanding and 2 mil float. Or a market cap of a mere $1.3 million today.

I don't like any printing press that cranks out 17 million more shares in a 2-3 month period. And whenever a situation gets uncomfortable for me, I sell.

-DavidCG
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