DROM - Interactive Media Message Board

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Microcap & Penny Stocks : DROM - Interactive Media

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To: LT who wrote (329)	11/18/1996 3:41:00 PM
From: joseph burns	of 638

Well I do believe I know why there is a sudden turn in DROM. The company filed an S8 Registration in late October for an additional 650,000 shares. I believe the company uses this new additional stock to pay for company expenses (like attornies fees etc.). This additional stock is then sold and creates downward pressure on the stock. I would say that at the present there are about 6 mil shares outstanding. As a DROM investor i can only hope that the company leadership does not overly dilute the stock. I also look forward to the estimate of at least 6 million in sales in this coming year with a profit. That ratio is very acceptable. I look forward to what fellow investors think of the S8 and the recent volume.

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