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Technology Stocks : C-Phone (CFON)
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To: T. L. who wrote ()5/27/1998 5:13:00 PM
From: Rubber Man  Read Replies (1) of 1201
 
From the PRE 14A:

"Set forth below is information, as of May 21, 1998, with respect to the beneficial ownership of the Common Stock by ..."

"All executive officers and directors, as a group 1,259,262(6) 17.5%"

1,259,262 = 17.5%
7,195,783 = 100%

Major dilution took place! Check the last reported count of shares outstanding. (~ 5.5M)
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