SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : Vidikron Technologies Group (VIDIC)
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Tomas who wrote (381)4/17/1997 10:38:00 AM
From: Greg Werlinich   of 782
 
Tomas and Randy and Gerald:

Increasing the number of shares that dramatically would certainly be a great concern. In this particular case, that is not what is happening. What they are doing is increasing the authorized shares, not the outstanding shares. That is a very important distinction. For example, right now they have 30 k shares authorized and about 16.5 k outstanding. I'm pretty sure that they will have at least 20 K outstanding before the year is out, and that may end up being too conservative. That is just one of the unfortunate problems of owning microcap stocks - they always need money and selling stock is their only way to raise that money.

As to the Dolgoff issue, I am no expert but I believe that he sued regarding the election of directors because he was pissed off that the company booted him off the Board, and was trying to upset the election. This issue is basically resolved, with only the question of who pays his legal bills still to be determined.

It also seems as though there will be some movement on the receiver issue before month-end.

If anyone want to read a report that I wrote on PJTV, visit either projectavision.com or hawkassociates.com. Both places have copies, in different formats, of a report that I wrote. I hope that this helps.

Greg
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News