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Strategies & Market Trends : Anthony @ Equity Investigations, Dear Anthony,

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To: Anthony@Pacific who wrote (5441)1/21/1999 9:50:00 PM
From: Premier  Read Replies (2) of 122087
 
Re USAT:

Based on 10KSB 3/3/98, International Advisory, Inc. owned 935,000 (89.3%) shares of SBB, Inc.

Based on 10QSB 8/19/98 the company issued 12,350,000 (over 90% control) as of 7/28/98 for all assets of Alfine Corporation.

Company now wants to do 4 to 1 split effective 2/1/99.

What is the number of outstanding shares as of now? What is USAT's market cap? Why is the price going up on such low volume if total outstanding is 13,700,000 shares? Are insiders using their own money to create a mirage of demand?

It seems to me that Alfine bought SBB shell to become a trading security!

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