Re : S-3 filing club...
Did you guys snag the SB-2/A filing by GTAX on 1-30-98 ?
Warrant redemption just around the corner....
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Title of each Proposed Proposed
class of offering aggregate Amount of
securities to Amount to be price per offering registra-
be registered registered share(1) price(1) tion fee
--------------------------------------------------------------------------------
Common Stock 507,926 $4.67 (x) $2,372,014 $ 817.94
(2) shares
--------------------------------------------------------------------------------
Common Stock 65,000 $7.94 $ 516,000 $ 177.97
(3) shares
--------------------------------------------------------------------------------
Common Stock 101,566 $7.94 $ 806,434 $ 278.08
(4) shares
--------------------------------------------------------------------------------
Warrants (5) 50,783 $3.13(y) $ 158,951 $ 54.81
Warrants
--------------------------------------------------------------------------------
Common 50,783 $7.94 $ 404,217 $ 139.04
Stock (6) shares
--------------------------------------------------------------------------------
Common Stock 16,072 $7.94 $ 127,612 $ 44.00
(7) shares
================================================================================
TOTAL PAID: $1,511.84
(1) Estimated using the market price of the Company's Common Stock or
Warrants (except as noted in footnote (x) below) solely for the
purpose of determining the registration fee.
(2) Issuable upon exercise of all of the outstanding Redeemable Public
Warrants.
(3) Issuable upon exercise of stock options outstanding.
(4) Issuable upon exercise of the Underwriter's Warrants outstanding.
(5) Issuable upon exercise of the Underwriter's Warrants outstanding.
(6) Issuable upon exercise of the Redeemable Public Warrants that are
issuable upon exercise of the Underwriter's Warrants, assuming all
of the Underwriter's Warrants and the Redeemable Public Warrants
issuable thereon are exercised.
(7) Outstanding shares of Common Stock owned by an employee of the
Company.
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Public float is around 2M , Vector Vest gives GTAX a value
of $2.90 OUCH !
vectorvest.com
Fare that well
Rob
P.S. Is this a high flyer short , or a mechanical aspect short ?
I think we have a tweener here ! |
