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Microcap & Penny Stocks : Amazon Natural (AZNT)

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To: wonk who wrote (12809)11/21/1998 7:50:00 PM
From: Janice Shell  Read Replies (1) of 26163
 
I have a question, ww. That is, I have many. And you're one hell of a forensic accountant, so.... Let's start with this from the 10KSB:

State the aggregate market value of the voting and non-voting common equity held by non-affiliates computed by reference to the price at which the common equity was sold, or the average bid and asked prices of such common equity, as of a specified date within the past 60 days. $2,888,602 a/o 11/10/98.

Note the date. Can you or someone else please explain this statement, and its ramifications, to me? TIA.

Oh yes. Another point: we know that the private placement initiative in which WellRich took part was launched in 1997. Where do the revenues from this PP show up in the fiancials?

Aw, I'm just a dummy, must be something I'm missing here, right, lolololol?
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