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Microcap & Penny Stocks : Advance Gaming Technologies Inc. (AGTI)

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To: David E. Meyer who wrote (1103)2/11/1998 7:36:00 AM
From: Hardrocker  Read Replies (2) of 4539
 
Dave,

I'm not sure about the float, but I recently read somewhere that there are around 90 million shares out. Terrible number, but the burn rate was high due to slowness in getting product to market. A lot of those shares were paper previously issued for Reg S sharks.
I strongly suggested to the company that, with all the good stuff currently in the pipe line which will hit the bottom line directly, any available cash during the coming months should be considered for use in a share buyback program. This would provide a visible commitment toward continuing to improve shareholder value.

Hardrocker
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