Jim: If you look at the "FMMG Research Highlights" it states Shares
of 47,633,400 now that report was about 7/98' or so. The reported Float by
MDIN of the time to "FMMG" was 4,703,000 ! ! Well if the TA ah, says there
are 28,800,334 that sir is a diffrence of 24,097,334 shares that should
not be in the float.
--Well the "FMMG" Report it states:
(This material was prepared by FMMG for the company discussed herein, based upon information
supplied by the client or other soruces believed to be reliable. The information
contained herein is not guaranteed by FMMG and should not be considered to be
all incluesive, the informaltion is not necessarly a complete statment of all
material facts relationg to the compnay or its securites. This material is not to be
construced as an offer or solicitaion of any offer to sell or buy the securites discussed,
it is for information purposes only. Additional information may be obtained upon request.
The company is a client of FMMG for this and other investor relations services.
FMMG, its offerces an/or directors may hold a position in this company and, in certain
cases, FMMG is compensated in part by issueance of securites).
--The Report states value as of August 18, 1997 of projects at $4,382,728 for Chile and
S475,000 for the Canada project. Private finacing of $500,000 from a London investor.
--If the float is about 5,000,000 how can it trade three (3) to four times in 60 days? no
other stocks do that........Unles the float number is way off, like way.....offfffffff. |
