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Microcap & Penny Stocks : Corporate Vision (CVIA)
CVIA 0.4800.0%Jun 30 5:00 PM EST
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To: TraderGreg who wrote (2103)3/5/1998 11:08:00 AM
From: Milk  Read Replies (1) of 6654
 
TG:

The numbers, according to Jack Arnold, were:

Shares authorized - 100 M
Outstanding ~ 45 M (as of Dec. 1997)

The number of shares oustanding has been boosted since then under the current merger agreement to 150 M.

$500k financing was obtained through Reg. S, but the filing has not yet been submitted (this is what I am waiting to see), so we don't know the dilution at this point.

Hope this helps,

Milk
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