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Microcap & Penny Stocks : Chartwell International (CHAP)

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To: Jorney who wrote (17)9/28/1999 12:38:00 AM
From: Philip Armstrong  Read Replies (1) of 23
 
I don't know. But I think that there is over 60,000,000 shares outstanding and a penny stock with amount will have be able to raise capital. I would say that they will be looking to raise capital.
They have been selling off GRAD. Take a look at the inside trades on Yahoo they applied to sell a million shares in 99. Looks like they are tight for operating cash.
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