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Microcap & Penny Stocks : IATV - ACTV Interactive Television

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To: Scott S who wrote (1981)4/20/1998 10:19:00 PM
From: art slott  Read Replies (3) of 4748
 
We must assume that Actv has a buyer for theses shares.There is no way they could be sold on the open market. There will no effect on fully diluted share #. Actv would rather do this now before the price rises. It might be harder to find a buyer then.
If these shs were dumped on the open market at once we'd be a real penny stock. This also removes over $1 min. in pref.into long term hands.

Art
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