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Technology Stocks : ENVK - Envirokare Tech Inc.

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To: jmhollen who started this subject1/14/2001 2:11:27 AM
From: jmhollen   of 19
 
snagged from the SI "..TGL.." board:

Message 15180162

"...ENVK - I received the response I said I'd post upon receiving. I almost lost it when I moved a couple days ago with my email accounts. It was dated Jan 4 and I read it today, so you might have had answers to those questions for a while now. FWIW. (I missed a few words somewhere...)
My part:

Good day, I about everything on your website as well as the last filings
> and I have a couple of questions to be answered. So far I am not owning
> any shares of your company but I am getting more and more interested.

> Here are my questions:
>
> 1-Can you tell me what your best approximation of the current share
> float is?
>
> 2-According tho Yahoo! Finance, I see that Ms. Jeannie Runnalls, which
> now serves as director of the company's board has sold for $19,390 worth
> of shares and has filed a form 144 to send 30,000 more shares for
> $19,200. Are you able to tell me what are the reasons for those sales?
>
> 3-Your company did a reverse stock split in Feb '99 and a forward split
> in March of the following year. Is your company considering doing a
> reverse split at this time?
>
> That's I have for now, thank you and happy new year.

Their reply:

Thank you for your inquiry, The following in answer to your questions.

1. Envirokares current share float stands around 3.5 million.

2. Jeannie Runnalls recently purchased a new home and I would presume the
sale of the stock was towards this.

3. The company has no intent on a reverse split, but I believe we may see
another forward split when the stock reaches a specific level (in my
estimation this will be around $5.00). As you are an informed investor you
understand and appreciate that 11,000,000 is a very light company.

Casha de Beer
ENHANCEMENT CAPITAL CORPORATION
Toll Free: 1-877-799-5599 Email: ecc@direct.ca Website:
www.enhancementcapital.com

-CyberJas..."

.
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