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Microcap & Penny Stocks : Toups Technology Licensing, Inc (TOUP)

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To: Andrew H who wrote (170)1/22/1999 10:31:00 AM
From: GlenRP  Read Replies (1) of 317
 
Does anyone have an explanation for the current price drop? I have been looking for the right entry point but am not sure about this company yet. My guess is that it has to do with the fact that they sold 1 million shares for .50 in this DR deal. Basically they gave them twice the value of their supposed contribution for R&D plus 500,000 shares. This also raises the shares outstanding to 19.5 million does it not? Any information or opinion is welcome.

Thanks in advance!

Glen
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