Add Jaws Great White Marine ($1.84)
Market Capitalization
$30.8M
Shares Outstanding
17.9M
Float
8.10M
reason: Rumor of spinoff of UBUYJAWS.COM to shareholders of JAWS. Source July 16, 1999 of SEC filing of SB-2.
http://www.freedgar.com/Search/ViewFilings.asp?CIK=1089345&Directory=1089345&Year=99&SECIndex=2&Extension=.tst&PathFlag=0&TextFileSize=218485&SFType=&SDFiled=&DateFiled=7/16/99&SourcePage=FilingsResults&UseFrame=1&OEMSource=&FormType=SB-2&CompanyName=UBUYJAWS+COM+INC
comment: not bad.
UBUYJAWS.com, Inc. to distribute 1,660,329 Right Units as a stock dividend.
Great White Marine & Recreation, Inc. (JAWS), our parent company, has decided to
distribute 1,660,329 right units, consisting of our securities, as a stock dividend to Great
White shareholders of record as of _________, 1999. This distribution will constitute our
initial public offering. (from SB-2)
No PR has been issued yet, but their SB-2 was filed on 7/16/99. The SB-2 explains the
details
and can be reviewed on freeedgar.com
(enter UBUYJAWS for company name).
This announcement of a dividend is expected to bring in some increased buying. It was up
7% today. So get a jump on the PR being released and do some DD.
Recent PR's:
biz.yahoo.com
biz.yahoo.com
More goodies to buy on-line - New Portal
go-rv.com!?dealer=317
Latest earnings PR:
biz.yahoo.com (these earnings do not include
UBUYJAWS.COM, site just opened on 7/4/99)
18M o/s, 8M float, Recent price $1.84
JAWS Form 10 filed with SEC on 4/9/99
Co. Profile: biz.yahoo.com
Home Page: great-white.com
Let's see where traders and MM will take JAWS next week. Hope people bought some on Friday. Volume was low, but stock was trending up for the last couple of days.
have a great weekend everyone,
and let's have a very very profitable week next week,
jimmy |
