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Technology Stocks : TAVA Technologies (TAVA-NASDAQ)

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To: Norman Stone who wrote (10211)2/3/1998 3:07:00 PM
From: jan m.  Read Replies (1) of 31646
 
Norman--Dilution was discussed at the SHM. We were told that no more dilution was planned---we still have the warrants out there. The company is securing a bank line of credit for any future operating needs and to consolidate current outstanding debt. Management made it clear that they want to increase shareholders equity to the bottom line. They are very aware of the damage any further dilution would do to the share price. Jan
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