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Microcap & Penny Stocks : EVDS Environmental Digital Services, Inc.
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To: Tobasco who wrote (103)10/3/1998 7:43:00 PM
From: Jeffrey L. Henken  Read Replies (1) of 718
 
I spoke with Jim Crehan today and followed up on some of the questions we were asking last week. First there are currently 12,588,000 shares issued. All the rest of the of the authorized shares are considered treasury shares and tied up from being issued. The one exception would be 1.5 million shares that could be issued in February if the company's consulting firm meets certain requirements based on stock performance. Those shares would have a one year restriction before they could be traded.

As you know the number of shares actually outstanding is just over 5 million with only 3.1 million in the public float. Over 2 million of those shares are closely held which means we are closer to controlling the float than I thought. What do you think, will good news move this stock based on what we know?

I am going to have the company fax me a copy of their complete financials on Monday if at all possible. It sure sounds good to me.

InvestRight

Regards, Jeff
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