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Microcap & Penny Stocks : NAMX -- North American Expl.-- Que Sera Sera!
NAMX 0.00010000.0%Mar 7 3:00 PM EST

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To: FIRENZA who wrote (2695)2/16/1998 1:57:00 PM
From: M. M. Jones  Read Replies (1) of 4736
 
Well, turning your back and walking away from this thread and this stock is very wise of you, I am sorry to say.

However, the 200 million shares authorized is a long-standing figure that has its source reportedly in the company. Several people have mentioned that figure. I have never asked the company about this, and so must rely on hearsay at this time. But the question now is, how many shares have actually been issued, how many are restricted and for how long, and how many are in the float? Those are the figures that have seldom, if ever, been mentioned by any company spokesperson, according to my information.

Now that we know the company has some kind of revenues, these questions become more pertinent than they have been in the past.

M.M.
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