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Microcap & Penny Stocks : INFE ... Infocall another Sleeper

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To: Mr.D who wrote (10300)1/10/2000 11:41:00 PM
From: bob sims   of 10343
 
Mr D,

I'm concerned about:

"In preparation of the growth expectations of INFE, the Board of Directors
have also voted to approve a re-capitalize the company's authorized shares
and create 100 million authorized common shares and 20 million preferred
shares through a shareholder vote that is scheduled this month. The new
capitalization will give the Company additional flexibility to perform
acquisitions and raise capital in the future."

Is this dilution? Also nowhere was it said that shareholders of record would receive any dividend stock spinoffs of INFE in these new corporate entities.

Bob
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