I want Riley to explain to all of you why these shares are never discussed. That's all.
Morgan & Breton's 2,000,000 S-8s
CEA's 43,000
Horizon's 58,333
Erkhin's 3,333 (too bad, Roland..)
Koko's $200,000 in cash or stock
Nelson's $741,000 to $1,500,000 of cash or stock
H&D's $250,000 in cash or stock
A domestic, offshore Reg-S of 436,666
Stock sold by Scott Mayer (looks like 50,000 shares)
Don't forget the value of non-affiliates shares on 2-1-97 was $1,600,492 divided by the closing price of $1.75=914567 shares despite the statement that 54,408 shares were held by non-affiliates on 2-28.
Add 'em up! Still sure you can spot a squeeze here? And there's more coming after the deal is consummated.
Who's kidding who?
This is what I've come up with so far as candidates. Any comments? |
