jmt,
Here is all I can dig up. What sense can you make of it ?
Date: 97-09-24 Stockholder's Equity:
Issued Common Stock at $.001 par value = 50,000,000 shares
Authorized 13,622,448 and 8,505,117 ...=.-22,127,565 shares
_________________________Balance .= 27,872,435
SEC filing 14a June 4,1998:
Outstanding and entitled to vote = 49,326,018 shares
______Balance of Original Issue = ...673,982
_____________________________________________________________
Summary of Common shares Owned: Prior to New Issue of 50,000,000
Co. Officials = 69% x 49,326,018 .......= 34,034,952
Balance of Outstanding & Co. Officials.= 15,291,066
Outstanding and entitled to vote ............= 49,326,018
Balance of Original Issue ..................... =...+ 673,982(Where are
these?...............Total Original Issue ......= 50,000,000
1. Are the shares owned by Co. Officials supposed to be included in the 22,127,565 shares Authorized ?
Jim K. |
