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Microcap & Penny Stocks : IDCN - gold, garnet, etc.
IDCN 0.000010000.0%Mar 6 3:00 PM EST

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To: Tom Frederick who wrote (5838)9/30/1999 2:49:00 PM
From: Greg Ehman  Read Replies (1) of 5908
 
And the news gets worse!

Post from Harley on RB!

Dilution: You'll want to read this!I just spoke to the transfer agent, here's the good news for all you "believers".

New Outstanding shares: 83,299,016
Previous outstanding shares: 75,127,516
New Shares Issued: 8,171,500

New Total Restricted Shares: 36,689,334
Previous Restricted Shares: 32,070,835
New Restricted Shrares: 4,618,499

New Float is : 46,609,682

Another 11% dilution.

Who got the 4.6 million of restricted? At .04 thats 185K! IR firm? This coincides nicely with all the hype and info that we've been getting from CAL. 20+ million issued in the last 60 days. Defenders please step forward!!!

HFB
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