Pallet Pallet Inc. Message Board

STOCKTALK

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.

Gold/Mining/Energy : Pallet Pallet Inc.

PPAL 60.10

0.0%

Sep 23 11:27 AM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: RFK who wrote (307)	7/15/1997 10:01:00 AM
From: A. Martin	of 451

Great - they now have some cash with which to operate. But, I'm a little confused about the share situation. In the header section of the news release (as per the previous post) it showed shares issued of 30,241,611. Now I haven't been watching PLT all that much lately but didn't they have something like 66 million shares outstanding a couple of months ago? Where's the difference? And I'm also concerned, as we all should be, about the continuing share dilution. Granted the financing they secured is the overall #1 good thing that we needed to hear. But, my query is "How many shares will be outstanding after the proposed plan is approved? Anyone? I'm too busy to phone them this week -- hopefully someone else can get more info. Cheers,

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next