Sting-Ray_57,
Balance-July 31, 1997 16,880,180 1,688 2,634,913
Issued 1,150,000 common
shares for consulting and
public relations services 1,150,000 115 13,585
Issued 750,000 common
shares toward reduction
of debentures payable 750,000 75 29,225
TREY sure screwed their shareholders after July last year.... they have to get a run-up again so the debenture holders will convert. Let's get in on the ride and then dump on the conversion news?
I see 1/8 on positive earning... what are your thoughts? They probably need a higher share price to coax the debenture holders to convert. I wonder if they will dilute again for publicity?
Jeezs, they ought to just come in with plus earning... we can give them all the publicity that they need - for FREE!! Let's see, 0.10 cents for 1998... that's at least $1.00 per share. Plastic containers
are a hot sector right now.
nick |
