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Gold/Mining/Energy : International Precious Metals (IPMCF)
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To: Brander who wrote (29443)12/22/1997 8:45:00 AM
From: J.L. Turner  Read Replies (1) of 35569
 
Brad,Zeev,
Your comments on the private placement are right on and give me the only resonable explanation for the price movement we have recently seen.
Have you looked at the recent dilution factor?
03-06-97 = 16,759,407 shares
11-13-97 10q = 20948534 shares
12-05-97 = 2,000,000 shares
22,948,534 fully diluted
-16,759,407
=6,189,127 = new shares Omega has or had 4mm shares or +17%
J. L.T.
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