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Microcap & Penny Stocks : Classic Golf Corporation (CSGC)

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To: McDuffy who wrote (507)4/15/1998 6:45:00 PM
From: fmrick  Read Replies (1) of 904
 
<<I've read through most of this thread and hav'nt run across anything about csgc fundamentals.>>

First, there are no fundamentals available.

As for the number of outstanding shares, the last figures I saw were 15MM outstanding, float 6MM. Total authorized is 50MM. These figures were posted in Jan/Feb by someone who said they called the company. A point to remember is last Oct they said 6MM outstanding with a 2MM float. If they issued shares to cover the expenses of the tournament, who knows how many now.

Of the difference between the float and outstanding, there are a lot of shares that are "restricted". But again who knows, the company has NEVER released any of this information in a public forum.

Rick
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