NuOasis (NUOA) formerly NONA Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Microcap & Penny Stocks : NuOasis (NUOA) formerly NONA

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Theodore G. Gresch who wrote (389)	9/22/1998 9:53:00 PM
From: Jerry Silver	Read Replies (1) of 1622

As I tried to figure this deal out from the reference you gave me, it looks as if the combined cos. will have 17 million shares outstanding. I think it consists of 9 million that FXWA already has out plus the 8 million they'll issue to NUOA for all the assets. I think you're right when you wonder how many we public shareholders will get. There will also be another 6 million warrants issued for 6 dollars each which means that there will eventually be 23 million outstanding shares of which NUOA could wind up with 14 million. What they'll be worth is anyone's guess. It seems to me there is a whole lot of uncertainty here and it's no wonder many folks are leaving. js

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next