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Microcap & Penny Stocks : NBMX - National Boston Medical (was FGRX)

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To: wonk who wrote (597)10/29/1998 10:28:00 AM
From: Lane Hall-Witt  Read Replies (1) of 1286
 
15M shares outstanding / 4 = 3.75M

6M shares float / 4 = 1.5M

I agree with j's input earlier that we don't know the terms of the conversion, so they may not split the same way (or at all).

Nevertheless, there's no doubt the number of shares decreased significantly today. Big news could well light this thing.

Yes, I'll say up front there's wishful thinking involved in this assessment--. Let's see what happens!
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