CSHK CASHCO MANAGEMENT Y2K Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Microcap & Penny Stocks : CSHK CASHCO MANAGEMENT Y2K

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: jhild who wrote (1627)	5/3/1998 8:08:00 PM
From: CatLady	Read Replies (5) of 7491

I was doubting the 25mil. market cap, so I dug up one of Jim B's posts on the subject. techstocks.com Yup, that's what he said, but one other point I didn't catch earlier is that Merced get 6.1 mil. shares for their product! Significant shareholder dilution, it would seem. As I understand it, this deal with Merced gives CSHK the rights for about 7 years on any other products that they might develop and Merced will get a $250,000 up front signing bonus (so to speak) as well as 6.1 million shares that will be put in escrow and cannot be put into the market until September of 1998 by which time the company feels CSHK will have significant revenues coming in. The great part is only 10% of royalties go back to Merced leaving a huge chunk for CSHK."

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next