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Gold/Mining/Energy : JAB International (JABI)

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To: Martin Wormser who wrote (4539)9/7/1999 5:00:00 PM
From: TsioKawe   of 4571
 
Ask him if this is going to be announced soon??

SOME INFO

I have done some DD and found out the following:

outstanding shares: 4.5 million
float: 700,000

JABI is expecting to make an announcement next week regarding the completion of financing as well as an acquisition that is in the works.

I understand that the amount of financing is rumoured to be in the neighborhood of $5 million for the 1st quarter and another $25 million for the 2nd quarter.

If these numbers are accurate, we should see JABI bounce back up from these LOW levels.

Any thoughts?
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