IATV - ACTV Interactive Television Message Board

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Microcap & Penny Stocks : IATV - ACTV Interactive Television

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To: mike.com who wrote (2429)	8/12/1998 12:22:00 AM
From: art slott	Read Replies (1) of 4748

As of the date of this Prospectus, approximately 189,000 shares of the 5% Exchangeable Preferred Stock remain outstanding and such shares would be convertible into approximately 4.8 million shares of Common Stock if exchanged as of August 7, 1998 Add 3.6 min. options and 1.3 min. pref.A gives us 9.7 min. 9.7 plus 23.6 min. outstanding and Actv is capitalized at 33.3 min. on a fully diluted basis. All shs. are being registered for sale by a foreign bank. Definitely not what you would consider a long term investor or insider. Its looks to be the holding company for the converted preferred. They have apr 5.1 min shs.

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