Nevtah/Tower Oil Intl.- NTAH Message Board

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Gold/Mining/Energy : Nevtah/Tower Oil Intl.- NTAH

NTAH 0.00400

-60.0%

Jul 24 5:00 PM EST

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To: Author51 who wrote (2120)	7/10/1998 6:02:00 AM
From: Ditchdigger	Read Replies (2) of 3817

Way to many conspiracy theories..The real question, as John alluded to..Where are all these shares coming from? What exactly is the float number? What previous financing vehicles are in place?Was there a European placement done previously that could explain the volume? What is the outstanding number? Fully diluted number? Granted much of the reported volume may be a result of double printing,but 800K shares exchanging hands is a pretty large number,considering the float is supposed to be around 4m..Hi ho,hi ho,it's off to jackhammering we go<vbg>....DD PS: if,as Ellen alluded to,the bulk of yesterdays volume was on the buy side,and none of you are selling--who is? Or are these new shares, being sold into the marketplace?

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