STGA - Saratoga Brands - Company Split Message Board

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Microcap & Penny Stocks : STGA - Saratoga Brands - Company Split

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To: muffy who wrote (6)	12/14/1996 7:22:00 PM
From: MicroCap World	of 162

Hi Muffy: I just checked EDGAR and my suspicions were correct. The company did a 1,000,000 share S-8 registration (in November). That's quite signifigant for a company with only 7,500,000 shares outstanding. I didn't read the entire document to ascertain what price, if any, the shares were issued. They could have been issued for services rendered or to be rendered, or they could have been issued pursuant to an options plan. If it was pursuant to an option plan at or around the price the stock was trading in November, I guess that wouldn't be THAT bad. . . Just thought you'd like to know. . . . CLiNT

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