>>Did anyone notice the registration statement for 750,000 shares?
From the quarterly report available at EDGAR:
<TABLE>
<CAPTION>
NUMBER NUMBER
STOCK OPTIONS OF SHARES OF SHARES
1997 1996
---------- ----------
<S> <C> <C>
Outstanding at January 1: 9,642,968 3,072,136
Granted at $.37-$6.00 per share 1,409,000 9,942,364
Less exercised at $0.37-$2.50 per share (323,857) (1,908,334)
Lapsed or canceled (5,955,000) (205,000)
---------- ----------
Outstanding at September 30: 4,773,111 10,901,166
========== ==========
</TABLE>
The 1,409,000 were employee options and were repriced to market on August 22,
1997.
10
<PAGE> 12 |
