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Microcap & Penny Stocks : MIDL .... A Real Sleeper

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To: Due Diligence who wrote (464)11/19/1997 7:53:00 PM
From: C. Riley  Read Replies (3) of 7039
 
One final note... class B stock is a REAL issue.
Every class B share issued just means the profits are spread that
much more. Even if they don't convert their B shares until 1998,
the profits must still be divided by the fully diluted share count
to arrive at the Earnings Per Share -- SEC rules.

Maybe you don't care about EPS, but other investors do. It's what
drives share price. Bye for real...
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