SI
SI
discoversearch

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 : 1ST MIRACLE GROUP (MVEE), founders last co. went $0.20-$46
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Capitalism who wrote (400)6/15/1998 1:35:00 AM
From: Stephen Goldfarb  Read Replies (1) of 5541
 
In the report for North American Health and Fitness (the predecessor company) dated January 1998, it shows that there were authorized an unlimited number of special voting redeemable, non-participating preference shares - and - an unlimited number of common shares. There were 31,119,584 of the former issued, and 22,503,677 of the latter. There have now been reports that there may be something like 80-90 million shares outstanding, and 50 million in the float (from a previous report and a somewhat impaired memory). We have also learned that in exchange for the rights to the first Grizzly film (I think), shares were provided in lieu of cash. That leads to the following questions: How did the shares increase from those shown in the 1998 report, how many shares were issued for "Grizzly", and what potential further dilution should be anticipated if the company continues to issue shares in exchange for film rights?

Steve
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News