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Microcap & Penny Stocks : Teletek: Big Earnings About To Be Posted

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To: David Bleich who wrote (86)2/6/1996 6:23:00 PM
From: Roger Brown   of 1014
 
David:

Becoming an experienced stockmeister, yet oh so fledgling, got
another question for ya. I noticed in their yearly report that
TLTK has a total of 100,000,000 shares authorized. From 9/30 to
12/31 the number creeped up to (millions) 8.169 from 7.486. Is this
number going to continually go up and approach 100,000,000 or what?

I don't get it and this seems like a question for you. Should we expect
an increase of 9% of outstanding common shares every quarter. This means that
an increase of diluted shares to 11.53 million (at that rate) by
12/31/96. This of course reduces all of our potential profit...thanx
for answering in advance.
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