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Microcap & Penny Stocks : MGMA is in a position to make you a lot of money
MGMA 0.400+399,940.0%Mar 7 3:00 PM EST

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To: Craig Bartels who wrote (147)10/6/1999 5:54:00 PM
From: Walter Morton  Read Replies (1) of 175
 
10KSB filed today with SEC.

You may need to go to freeedgar.com

Interesting Exerpts:

When Dan H. Eberly resigned as Metro Global's President in June 1999
Mr. Eberly was President of Metro Global from October 1998 to May 1999.

Net loss $ (3,976,940) in 1999
Net loss $ (721,746) in 1998

Net Loss Per Share Basic and Diluted $ (0.77) in 1999
Net Loss Per Share Basic and Diluted $ (0.60) in 1998

During the year ended May 29, 1999, 2,175 shares of Series A preferred stock plus accrued dividends of $35,247 were converted into 982,120 shares of Metro Global's Common Stock. Metro Global recognized total dividends of $543,750 relating to the beneficial conversion feature of this stock. As of May 29, 1999 all shares have now been converted.

Weighted average shares outstanding: Basic and Diluted In 1999 5,511,084
Weighted average shares outstanding: Basic and Diluted In 1998 3,662,719
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