KASTEN CHASE APPLIED RESEARCH. Message Board

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Gold/Mining/Energy : KASTEN CHASE APPLIED RESEARCH.

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To: Goldberry who wrote (888)	7/21/1999 2:46:00 PM
From: Ruby	of 1247

Yes you are referring to those held by Templeridge which is owned by the 2 founders of Kasten. I agree that this is a non-issue and reflect the modest investment in the company. They would be most happy to hold and get a very healthy dividend return and exercise only when this stock gets rolling at which time we will all cash out. They originally sold part of their position at $3.75/share after the merger and a secondary offering. Also this share are counted along with options in the fully diluted share count of approx. 45 million shares. Market cap is only 40 or less million, small for a company to soon see a contract whill will be worth $900 million over 20 years.

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