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Microcap & Penny Stocks : JAWS;A P/E of 2 with 150%/yr Erngs Growth!!

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To: Zeus549 who wrote (4102)6/18/1999 8:28:00 PM
From: tkb  Read Replies (1) of 4230
 
Total shares is probably 21 mill. Rumor is that2 mill warrents went out last year in the early PP which GW thought they were going to be able to get back. Thus these are not new shares being issued by Colin but residual damage from last year. Nuts loan was paid back by a PP done in May. Exact number of shares is unknown but probably with the price of the stock about 500-600k. That is new. There are also warrents to Moody around 4-500k and when these were issued or for what I do not know. Bottom line, Colin hasn't been running the printing presses overtime but still believes in financing the company by equity. I'm not pleased but do believe that soon he will want to limit shares just like we do because his %stake in this company is being diluted too.

tom
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