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

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To: esecurities(tm) who wrote (3454)7/29/1999 2:14:00 PM
From: esecurities(tm)  Read Replies (3) of 4231
 
[07-29-99 01:56 PM ET] NEWKIDCO newkidco.com MOVES $C15M OUT OF ESCROW INTO CASH & EQUIVALENTS AND SHAREHOLDER EQUITY. FULLY DILUTED SHARES NOW APPROXIMATING 23+M SHARES PURSUANT TO JULY 26 COMPANY RELEASE RE: Q2 ENDING JUNE 30, 1999 AND TODAY'S COMPANY RELEASE PURSUANT TO SAID SPECIAL SHAREHOLDER MEETING SPECIAL WARRANT PRIVATE PLACEMENT OFFERING RESOLUTION APPROVAL.

Shareholder Equity ~$C 18.9M or $C 0.82/share
Cash and Equivalents ~$C 15.5M or $C 0.67/share
Market Cap ~$C 51M*


* Last Trade at $C 2.22 on the TSE x ~23M fully diluted shares.

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