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Microcap & Penny Stocks : Synergy Brands-SYBR (was KRAN)

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To: Indiana Slim who wrote (595)11/20/1997 1:36:00 PM
From: Blake Cmajdalka  Read Replies (2) of 1026
 
Krantor has 2,436,115 shs as of 11/3/97 according to 10Q
Company is not as good of bargain as previously thought. They are trading at 10 times annualized earnings assuming they make 6 cents a quarter. Compnay is not recognizing G&A expense. They are giving shares to their workers instead. I would not be surprised to see close to 3 million shs by 12/31/97.

Happy Trading
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