Attention, NWCM recently filed an S-3 (Jan-26)
edgar-online.com
Calculation of Registration Fee
Proposed Title of each class Proposed maximum of securities to be Amount to be maximum offering aggregate offering Amount of registered registered(2) price per share(1) price(1) registration fee
Common Stock,
$.001 par value / 10,203,404 / $1.875 / $19,131,382 / $5,643.76
(1) Estimated for the purpose of calculating the registration fee pursuant to Rule 457(c) on the basis of the high and low price of the Registrant's Common Stock on January 22, 1999.
(2) Included in this amount are 4,337,533 shares previously issued by the Registrant, 299,337 shares issuable upon exercise of outstanding Warrants, and an additional 5,566,534 shares which the Registrant has agreed to register in respect of: (i) an indeterminate number of shares which may be issued by the Registrant in connection with outstanding repricing rights, and (ii) an indeterminate number of shares (and related repricing rights) which may be issued to certain investors as part of a future sale of $1,000,000 of the Registrant's securities. In addition to the shares set forth in the table, the amount to be registered includes an indeterminate number of shares issuable upon conversion of or in respect of the repricing rights or exercise of or in respect of the Warrants, as such number may be adjusted as a result of stock splits, stock dividends and similar provisions in accordance with Rule 416.
The indeterminate amount of stock refers to stocks issuable upon "repricing rights..." looks abit like a variable convertible
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