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Technology Stocks : NewKidCo International (OTC:NKCIF) (TSE:NKC)

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To: esecurities(tm) who wrote (3435)7/6/1999 6:37:00 PM
From: esecurities(tm)  Read Replies (1) of 4231
 
[07-06-99 6:08 PM ET] PROXY NOTICE OF ANNUAL AND SPECIAL MEETING OF NEWKIDCO SHAREHOLDERS TO BE HELD ON JULY 26 WHEREIN RESOLUTION(S) AUTHORIZING THE COMPANY TO ISSUE UP TO 6,705,353 COMMON SHARES PURSUANT TO ITS RECENT $C15M PRIVATE PLACEMENT; ANOTHER 1.4M SHARES UPON THE EXERCISE OF CERTAIN OUTSTANDING WARRANTS; AND THE POSSIBLE ISSUANCE OF UP TO ANOTHER 13M-20M* SHARES IN PRIVATE PLACEMENTS DURING THE TWELVE MONTHS COMMENCING ON THE DATE OF SAID ANNUAL MEETING**.

*Resolution 5. Approval of a resolution, as more particularly described in the information circular dated June 24, 1999 accompanying the notice of meeting to which this proxy relates, authorizing the issuance or possible issuance by the Company in private placements during the twelve months commencing on the date of the meeting of up to 100% of the number of issued and outstanding common shares as at June 24, 1999.

**...potentially taking NewKidCo out of the CAN[S]LIM microcap category by possibly packing >30M shares outstanding trading under US $2 within three (3) weeks of said resolution...

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