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Microcap & Penny Stocks : ADOT - BIOMODA: Profitable Technology with Purpose
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To: thomas a. burke who wrote (2884)2/4/1999 6:41:00 AM
From: Andrew T  Read Replies (3) of 4650
 
<<Shares Outstanding--- As was pointed out yesterday(By a very knowledgable poster), the outstanding should be around 22,000,000 shares based on Mr. Hirsch's 5% ownership(app. 1.1 mill. shares) and not the "approximately 17 million shares" as stated by PP.>> From the 13D: <<, (a) The Reporting Person beneficially owns 1,103,896 shares of common stock, representing approximately 5% of the outstanding shares of Common Stock of the Issuer. (b) The Reporting Person has sole voting and dispositive power with respect to 1,103,896 shares of common stock.>>> Key word there is "approximately", no evidence states exactly 5%, and a few .1s of a percent bring your 22 million figure down quite a bit. Andrew
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