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Non-Tech : IFTP.. .15x.155 up 37% 3 Major prs were out Fri. inside

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To: scion who wrote (63)1/25/2001 11:05:31 AM
From: scion  Read Replies (1) of 97
 
And the questions continue on RB...

ragingbull.altavista.com

By: DC-Steve $$$$
Reply To: 218604 by THUNDERSOUND $$$ Thursday, 25 Jan 2001 at 10:51 AM EST
Post # of 218726


Thundersound, thanks. So with 10 million shares outstanding, that gives MMLD a market cap of 20 million max, less if we consider that less than half of this 10 mill is in the public float. So how is it that a company with a market cap of no more than $20 million can possibly give IFPT $38 million worth of its stock as IFTP has claimed will happen?

Can you explain it? I'm at a loss.
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