I believe the number of shares, options and warrants o/s presently are:
Shares o/s 12,527,737
Options Mar 3 97 expiring Mar 2, 2002...................1,611,500
Wts Feb 25 97 hold rest. to 2/18/98 @.73.............1,578,081....see next line
...above Wts convertible @ 1 sh & 1 wt................1,578,081
Options Oct 31 96 exp Sept 10, 2001 @ .25...........1,095,000
Warrants Sept 9 96 exp 2 yrs @.21..........................1,360,000
Total Options and Warrants o/s...7,222,662
Total Shares and Options and Warrants = FD = 19,750,339
The release dates are shown on each line, someone might want to check these calculations.
I agree with you Claude and Michael, the base line is $1.20. Great buying opportinity.
Best regards,
McGF |
