PNWC - Pacific Norwest Capital Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Microcap & Penny Stocks : PNWC - Pacific Norwest Capital

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Clayleas who wrote (35)	12/2/1997 4:17:00 PM
From: Rob Ady	Read Replies (1) of 295

Clayleas: There were originally around 20 million shares out--then the last deal to get the limestone deposit cost them 10 million more shares for a total of around 30 million shares. They have not issued any news about the financing yet that I know of. I do not know what the terms of the financing are--maybe they will announce in the news release upcoming. I can not imagine they would just dilute the share price with their own money/shares without some news to positively impact share price and give them an opportunity to make some $$$$. Why would the insiders dump 25 million into a stock they did not believe was going up? They are in this to make some $$$ I would think. How would they get 75 million financing from banks/investors if there was not going to be a significant return on money/investment? Just thinking. Rob

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next