The company devised an incremental plan to rid all illegal shares from the AZNT market.
Could you tell me exactly when these illegal shares were issued? Could you also explain why the float appears to be 8.0 million versus 800 thousand as you have claimed, assuming of course, for the sake of argument, that the company's share exchange/cancellation/redemption plan goes through?
Value Of Change in Change in Imputed
Common Subscribed Addl Paid Outstanding Addl Paid Price for
Period Issued at Par Not Issued in Capital Common in Capital New Shares Source
8/21/98 69,910,710 8,097,597 ? AZNT Transfer agent
6/16/96 61,813,113 13,803,524 ? Company PR
3/31/98 48,009,589 48,010 2,230,348 - 469,168 #DIV/0! 10QSB iled 5/27/98 for 1st qtr 98
9/30/97 48,009,589 48,010 1,761,180 21,747,418 836,656 $0.04 10QSB filed 11/19/97 for 3rd qtr 97
6/30/97 26,262,171 26,262 924,524 867,871 646,292 $0.74 10QSB filed 8/19/97 for 2rd qtr 97
3/31/97 25,394,300 25,394 278,232 730,000 67,144 $0.09 unaudited 10qsb filed 6/30/97 for 1st qtr 97
1996 24,664,300 24,664 211,088 18,264,300 116,638 $0.01 10KSB filed 6/30/97 for Fiscal 1996
9/30/96 6,400,000 6,400 94,450 3,590,067 24,744 $0.01 10QSB filed 12/19/96 for 3rd qtr 96
12/31/95 2,809,933 2,810 69,706 NA NA #VALUE! 10QSB filed 12/19/96 for 3rd qtr 96
12/31/95 3,300,000 16,500 - - $0.01 10QSB filed 12/19/96 for 3rd qtr 96
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