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Microcap & Penny Stocks : Dollar and Under Sleeper Stocks

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To: Ga Bard who wrote (1116)10/24/1997 12:15:00 PM
From: Dave Shares  Read Replies (1) of 8835
 
To clarify any questions concerning the float on FAMH

Total outstanding shares: 20,000,000
Public Float: 2,000,000 + 5,000,000 (just issued in a 504 financing) = 7,000,000

Per Alexander Westcott, their investment banker, the financing is now complete, the float will not increase above 7,000,000.

The company will be filing 10Q and 10K at the end of the year, making it a fully reporting company.

David
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