Sorry to break in but I thought this might help you a little. The figures below are from the S-8 filed with the SEC for the Consulting and Acquisition management agreement with Vistaquest Inc. filed June 27th 1996. It states that VQ recieved the following:
600,000 shares of common stock @ a Max offering of $.97=$582,000
750,000 shares of prefered stock @ a Max offering of $.93=$697,500
__________
$1,279,500
This filing goes onto state that the company may offer upto 100,000,000 shares of common stock. as of 06/14/96 38,894,450 were outstanding
they have the right to issue 10,000,000 prefered shares as well which there is 1,578,001 outstanding as of 06/14/96
I hope this is not redundant info but if not its worth knowing. I have no idea what may have transpired since June (TWT for example?). I am still quite hopeful and long.
Thanks to all
C-YA |
