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Microcap & Penny Stocks : RECEPTAGEN---RCEPF

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To: Mark Jenkins who wrote (39)11/7/1996 6:34:00 PM
From: Joe King   of 267
 
All,
Finally talked to Joe. He said we should be seeing a news release by Mon. Gee, I've heard that somewhere before. There will be 51,000,000 shares out, but the float will stay the same. New investor will own 64% at .83 cdn, and they are still looking to spin off a new co. Bankers and new investor are the ones holding it up. He said, "thats his story and he's stickin to it".
Later, RG
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