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Microcap & Penny Stocks : NAMX -- North American Expl.-- Que Sera Sera!
NAMX 0.00010000.0%Nov 21 9:30 AM EST

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To: Sidney Reilly who wrote (1583)11/26/1997 1:27:00 PM
From: alchemy  Read Replies (3) of 4736
 
Hi Bob: Thanks for bringing the estimate of 60mm shares outstanding to my attention. The total number of shares outstanding is a critical figure without which we can not assess a company's value. We have been trying to get an official tally from the company since the name change.

Until they give us the total number of shares outstanding officially, I would prefer to use the total authorized shares. As a soon-to-be- reporting company, they will have to do this anyway. They should let us know now. Serious investors need to have this information.

Elizabeth, thanks for your comments. We have a long ways to go, but I am excited by what NAMX has accomplished over the past month. There are many who have hung in there with this company although I'm sure quite a few were reaching for the tax sell off trigger. Hopefully, they'll reconsider. This stock is a great comeback story and everyone loves those.

Happpy Holidays All!!!

marty
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