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Non-Tech : LUXOR INDUSTRIAL CORP. -- Worth checking out !

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To: xray who wrote (105)7/27/1998 11:58:00 AM
From: Imal  Read Replies (1) of 178
 
If memory serves, the last financing occurred last fall at around CAN$ 1.05 or so. Can't remember how many. Maybe 3-400'000? Check the news releases in Canada Stockwatch. Everything should be there. I believe though, that the shares issued are restricted for two years. Also the company issued 800'000 options in February 1998 at CAN$ 1.00. These options went mostly to insiders and employees. The dilutive effect was somewhat lessened by the fact that 250'000 option at 2.35 expired at that time.

IMAL
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