International Internet (IINN) Message Board

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Microcap & Penny Stocks : International Internet (IINN)

IINN 1.085

+5.6%

Nov 28 12:59 PM EST

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To: JC Reddy who wrote (129)	8/18/1998 1:00:00 PM
From: Michael Bendner	Read Replies (1) of 746

Now hang on.. the market cap is only $63 million if the OS shares are 630,000,000. Now, it's beginning to look like this may not be the case. If it were, I'd agree that the stock is overvalued, but can anyone verify the OS? Personally, I don't think that the stock would have moved up like this if the float were as large as we thought it was (70 million). If the float is only 20 million, that means we've already churned the whole thing yesterday and today... and that explains the dramatic price increase. I sold 30% of my shares at .10 because I thought the float was too big. Hopefully someone can clear this up soon so that I can buy them back. Michael Bendner

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