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Technology Stocks : TAVA Technologies (TAVA-NASDAQ)

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To: Karl Drobnic who wrote (7412)12/17/1997 4:20:00 PM
From: JDN   of 31646
 
Dear Karl: Seems to me the ONLY new stock and potential stock is the PP 1,000,000 shares and the 100,000 "penalty" shares for late registering. Any stock JENKINS received as bonus would have been in the earlier O/S figures. If he JUST GOT options I cant imagine that they are already exercisable. So until I learn differently my calc. is 24.2 million shares total if ALL issued including warrants etc etc etc. As to how many are for sale I presume all 16 million currently o/s shares are for sale at the right price. That 6.48 from the S3 is Boilerplate data. Meaning they have the right to sell immediately just as you have the right to sell yours immediately--but will you? JDN
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