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

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To: Anthony@Pacific who wrote (6505)1/26/1999 9:03:00 PM
From: HRAKA  Read Replies (1) of 122089
 
Mr. Anthony,
About GERN's S-8. 500,000 shares issued for Stock Option Plan - as in employee stock option plan? I saw a company once do an S-8 of 2,000,000 shares and all of them were in the float within 1 month. Most of it was used to pay people that provided services for the company - i.e. the stock promoter. Could you expand on how this will likely play out with GERN? IS it for employees or is it for payoffs?
Sorry for my ignorance.
Hraka
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