Biosafe International, Inc [BSFE] Message Board

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Microcap & Penny Stocks : Biosafe International, Inc [BSFE]

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To: A. F. Brooks who wrote (56)	9/29/1996 10:07:00 AM
From: DCBEN	of 280

A. F. Brooks, et. al., I wonder what JMS had been saying lately. I spoke to Liviakis on Friday pm and had him confirm what I reported earlier here. There has been quite a lot of dilution over the summer and there is a lot of stock "overhang." I take it that means that given the debt to equity conversions and recent secondary placements there is a lot of stock available out there and that it will be quite difficult for the share price to advance and maintain levels much higher than we have now (until the overhang is cleared up and earnings justify higher prices.) Has JMS revised its earnings projections recently? What are all of you holders looking for over the next 6-12 mo.? (Assuming we get the permit announcement by Tueday AM and the wheels don't come off in Fairhaven). Allan

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