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Microcap & Penny Stocks : EDII

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To: Turboe who wrote (1165)	6/15/1998 2:40:00 PM
From: Rose Rose	Read Replies (2) of 2849

I just got off the phone with Mr. Guttman (he's sure spending a lot of time on the phone today), and here's what I was able to find out -- He doesn't know exactly how many shares are outstanding. At the end of 1997, there were 46 million. Another 12 million or so were issued recently, plus the undisclosed amount that were issued per today's announcement. He stated "the company has told me that there are about 11-12 million shares in the float". Audited financials were released about a month ago. He offered to fax them to me, but unfortunately I don't have a fax. Hope this helps. Rose

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