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Biotech / Medical : MCAR
MCAR 0.0650-36.3%Jan 31 4:00 PM EST

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To: Monique C. Cushman who wrote (259)5/2/1998 5:28:00 PM
From: Monique C. Cushman  Read Replies (2) of 467
 
Very interesting and informative document to read:

On Wednesday April 15, 1998 Medcare Technologies Inc. filed with the SEC a SB-2/A form. - I found it on Edgar -.
If I understood it correctly, it deals with the registration of 3,576,000 shares for resale to the public (I myself interprete this as a possibility for substantial dilution).

It also gives projected revenue/expenses for 1998 and 1999.

It is a lengthy document but worth reading.

Happy reading.

Monique
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