MDCE ... Where Entertaiment and Education Embrace Message Board

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Microcap & Penny Stocks : MDCE ... Where Entertaiment and Education Embrace

MDCE 0.000400

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Dec 24 12:05 PM EST

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To: Jerry Thibeau who wrote (1496)	3/31/1998 8:58:00 AM
From: saltbox	Read Replies (1) of 3046

It seems the MMs will ALWAYS have a shortage of shares. I spoke to Ed Broday at MDCE who told me: 22 mil outstanding; 11.3 mil float OF WHICH 3.3 mil is "frozen", and 4.5-5 mil is in "friendly hands", leaving a TRADING float of only 3-3.5 mil shares. For 6-700,000 dollars this could be bought up and MDCE would essentially be taken off the market. But I do think the low number of shares is another big plus. BTW I,m new here, to SI, and penny stocks. The exchange of information on SI makes me feel more in control of my investments than ever. Prolly the most fun I've ever had standing up.

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