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Technology Stocks : TAVA Technologies (TAVA-NASDAQ)

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To: paul e thomas who wrote (6448)11/22/1997 9:06:00 PM
From: Zebra 365  Read Replies (3) of 31646
 
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

FORM 10-QSB

[X] Quarterly Report Pursuant to Section 13 or 15(d) of the Securities
Exchange Act of 1934
For the quarterly period ended September 30, 1997

The number of shares outstanding of the issuer's $0.0001 par value common stock on November 3, 1997 was 16,663,453.
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Since the private placement of the shares goes on the balance sheet as additional paid-in capital, we are adding shares with a book value of $6 to the current shares with a book value of about $1 per share this is an increase to the book value per share, or an actual small increase to shareholder equity.

Accountants are welcome to correct me if I'm wrong here.

Zebra
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