SI
SI
discoversearch

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 : EVDS Environmental Digital Services, Inc.

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Jeffrey L. Henken who wrote (102)9/28/1998 7:33:00 AM
From: Tobasco  Read Replies (2) of 718
 
Thanks for the prompt reply. I will call the Company today and get an investor kit.

But, another question. Under what program/authority is the 20% additional stock you refer to being issued. Is this warrants? Usually a venture capital launched company sells "units" consisting of common stock, and warrants. Sometimes there are multiple (A and B) warrants at different prices and different exercise dates. I would not think that the additional 20% of stock is coming from unit warrants as the exercise price of the warrant is generally above the initial common stock price and this stock seems to have fallen back, not increased. (Not slamming, just observing fact.)

Even though the new stock will have a 1 year restriction, isn't 20% dilution of "higher earnings" fairly significant?
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext