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Biotech / Medical : Chromatics Color Sciences International. Inc; CCSI
CCSI 29.77+3.7%Nov 5 3:59 PM EST

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To: Jeff Mills who wrote (110)8/5/1997 11:31:00 AM
From: Clayleas   of 5736
 
CCSI has 7.25 MM shares.

Jeff,

The latest number I have on shares is 7.32 MM from the latest 10-QSB. And don't forget the warrants. 1.16 MM warrants will expire on Nov. 5. They will be converted to 1 share each with $5 payment. That will bring the total no. of shares to 8.48 MM.

Using your $250 MM market cap figure, this will bring the share price down to $29.50/share.

Jim
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