NOW YOU WANT TO DEBATE ME!!! LOL .. Big mistake!!! Ok here it is from the filings:
As of October 31, 1997, the Company had outstanding 9,159,460 shares of Common Stock, of which approximately 2,104,000, are eligible for public trading. 7,055,460 are restricted by SEC rule 144
As of December 31, 1997, the Company had outstanding 10,028,485 shares of Common Stock, of which approximately 3,824,085, are eligible for public trading. 6,204,400 are restricted by SEC rule 144
As of December 31 1997 the Company had outstanding 2,100 Shares of Preferred Stock convertible into 6,976,744 shares of Common Stock based upon the closing bid price on February 11, 1998.
Total number of shares of Common Stock outstanding.............. 10,028,485
Total number of shares of Common Stock being offered by Selling Security Holders......... 7,466,744 Total number of shares of Common Stock outstanding upon conversion of the outstanding shares of
Preferred Stock.......... 17,005,229
HELLO!!!! Now I still have one more to read.
GB |
