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Microcap & Penny Stocks : GAAY - Triangle Broadcasting Company (was TBCS)

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To: Jacalyn Deaner who wrote (1716)8/20/1999 10:34:00 AM
From: James Mitchell  Read Replies (1) of 2118
 
Very interesting. The gravity of such blatant leaks aside, the float would be my next major concern. According to this, it may a non-issue. If I read this right, in the merger those shares may be reduced to what we currently believe the total share count to be. The acquisition of the studio is very positive. However,a lot of what seems to be coming to pass with this merger is only what most shareholders think is already fact. Most assumed GAAY owned the studio, most assumed the float was 30 million something. This may be factored into the share price somewhat already. Though the cementing of these facts and meeting the SEC requirements can only help the stock price.
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