Misonix Inc. (MSON) Message Board

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Biotech / Medical : Misonix Inc. (MSON)

MSON 26.54

0.0%

Nov 22 4:00 PM EST

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To: Candle stick who wrote (521)	10/31/1997 2:13:00 PM
From: Peter H. Mack	of 947

The 10k for june closing says that post split 5,672,154 shares were outstanding (9/15/97). If I understand correctly, I think that there were an additional 240k warrants outstanding. I don't understand how the quarter report got to 6.737mil shares. Even so, this may describe a limit top to the current inventory. What also apparently happened is that a substantial amount of shares were put into the market. This would change the float/outstanding ratio. Why would so much of this come on the market at seemingly fire sale prices? Couldn't this inventory been spaced out in time? Your point about moving out of microcap to NASDAQ is reasonable and if the float inventory stops expanding so much, we may see some improvement in the future. regards pm

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