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Microcap & Penny Stocks : Manhattan Scientific....MHTX
MHTX 0.00010000.0%Jul 1 2:33 PM EST

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To: jjs64 who wrote (159)8/15/1998 7:39:00 PM
From: Spyder  Read Replies (1) of 942
 
I'm not shocked at the $2M paid for the 42M shares. I also wouldn't be surprised to find out most of the stock went to Jack Harrod the new COO. MHTX is clearly a high risk investment. If I'm paying some big figures I want to see some huge potential return. It seems PJTV made a sweet deal for the buyer either because PJTV needs the cash badly or it's part of an incentive/deal or more likely both. Also, what do you think PJTV's basis is for each of the 43M MHTX shares. I would think PJTV is net positive on the deal. Wouldn't you think so??

Spyder
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