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Microcap & Penny Stocks : Tech Squared (TSQD)- Internet Commerce

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To: 24601 who wrote (136)	4/19/1998 12:29:00 PM
From: M. Frank Greiffenstein	Read Replies (3) of 2752

Authorized v. issued? John, are you using "authorized" in a general or restricted sense? If in the restricted sense, I woulnd't care how many were authorized, all companies authorize many more shares than are issued. My own private practice is a Subchapter S-corp, we authorized 1 million shares in 1985, just issued 3,500 <g>. BTW, TSQD has the option to buy the 4.8 million shares at $1. CEO Joel Ronning was the personal owner of DR stock, that's what he paid for it, so he is "giving" it to TSQD. To0 finally answer your question about shares authorized for DR (in the strict definition), I don't know! DocStone

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