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Microcap & Penny Stocks : CHRONICLE COMM. (CRNC)GREAT NEW CO. - ONLY 900K FLOAT&
CRNC 11.51-4.3%Dec 12 9:30 AM EST

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To: kbert who wrote (242)2/8/1999 8:21:00 PM
From: myturn  Read Replies (1) of 694
 
I don't have a clues where all the additional shares came from.

I can take some guesses and might be right and might be wrong.

1. Stock Promoters I believe added to the float and OS.
2. The other shares I believe were part of deals to get the financing
for the acquisitions.

Normal operating procedure for any publicly traded company who is strapped for cash. That is why they go public in the first place; is it not?
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