Richard,
You know I am no good at technicals, so maybe you can help me to understand this?
From Mr. Bard:
To: Ga Bard (75 ) From: Ga Bard Monday, Aug 2 1999 11:10PM ET Reply # of 882
Stock Structure according to the TA, company and Shell's faxed documentation: No warrants/options 21,942,500 Outstanding Shares which consists of the following: 4,989,000 Restricted Shares (2 years from March 4, 1999) 3,221,500 DTC/ADP (Available for Trading)as of 7-23-99 --------------- 13,732,000 in the Float but not in the DTC/ADP Also from Mr. Bard:
Hey Tim I have posted numerous time the deal was for 5-8M shares of two year restricted stock.
From the press release yesterday, the number of restricted shares have not changed. Where are the 5-8M shares that were paid to SMM?
Thanks
Tim |