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Microcap & Penny Stocks : Diamond Entertainment Corp (Previously DMEC)

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To: DBrian who wrote (5811)8/23/1999 9:31:00 PM
From: OLD JAKE JUSTUS  Read Replies (1) of 6957
 
Thank you, Sir! All of us have and are entitled to express our various opinions. I do not think we would want it any other way. Me thinks!

I honestly believe we are heading for tall cotton, now..even as we speak. Something just may soon break for the betterment of all of us. We need a break today! It looks, to me, like it is all coming together.

Ga Bard brought some light to the subject of the outstanding DMEC shares with this post on the Raging Bull:

>>>
By: Ga+Bard
Reply To: 7317 by ColaCan
Monday, 23 Aug 1999 at 7:33 PM EDT
Post # of 7319

There are two things I was looking for ain't found them.

10K: As of June 30, 1999, there were 59,782,521 shares of the registrant's Common Stock outstanding.

10Q: As of August 9, 1999, there were 56,806,529 shares of common stock outstanding.

Difference: -2,975,992 A reduction in outstanding.shares

10K: The Company filed a Form S-8 on May 19, 1999 registering the 6,000,000 shares of common stock for these options. On May 20, 1999, the Company received $150,000 in cash for the issuance of the 3,000,000 shares and $150,000 from the cancellation of the
convertible debentures for the consideration for issuance of
3,000,000 shares of as a result of the options being exercised.

Gary Swancey
Paid IR in cash and 250K stock option
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