An excerpt from the reverse split filing....
In addition, Amphion Ventures, Amphion Partners and Antiope Partners (collectively, the "Amphion Group") own in the aggregate 8,160,303 shares of Common Stock, or 17.3% of the class outstanding. See, "RECENT DEVELOPMENTS," "DESCRIPTION OF CAPITAL STOCK." Mr. Morgan has direct beneficial ownership of 364,766 shares of Common Stock as of January 8, 1998, or approximately 0.8% of the Common Stock and 0.5% of the total voting power of the Company outstanding (including 37,500 shares subject to options that are currently exercisable, at an exercise price in excess of the current market price). Including the shares held by the Amphion Group, Mr. Morgan may be deemed to have beneficial ownership of securities representing approximately 42.8% of the total outstanding voting power of the Company. _____
Seems to me that there are already a lot of eggs in a single basket! You're right though,no 144 filings! sec.gov
I'll dig deeper.
Cents |