IATV - ACTV Interactive Television Message Board

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Microcap & Penny Stocks : IATV - ACTV Interactive Television

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To: anthony karpati who wrote (440)	9/3/1997 9:49:00 PM
From: men mailman	of 4748

I am new to this thread so please bear with me until I get the facts straight. 1) I gather that all the preffered collectively can own 4.9% at any given time? Am I correct? 2) I don't understand your point that there is still time before the 25mm placement. what is the signifigance in your point I believe the private placement will be from a subsiduary and not iatv itself 3)Am I correct im my numbers that there is at least 75c tangible value for each diluted share. 4)It seems that the Texas market will start in this quarter. The Texas market even if they will penetrate 200k users, or $900k NET revenue per month= $11mm per year for just one state.if we were to say only 100k will subscribe with 5.5mm in revenues X 50 states ($250mm). If we wre to conseravtively place revenues at 70mm in and with even 18mm shares you still have a goldmine 5)What is the possibility that the preffered were the cause for the price drop. 6) What benefit do the preffered have if the price is lower now (as long as it above 1 1/8). On the contrary it is to their benefi t if the stock goes up.They get interest in the interim and can always convert

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