The SVNI shares as of 11/28/98 were about 633,000. I would believe that amount is allot higher although as you know from the SVNI letter they sold at least a 1,000,000 shares at a discount. How do you think they became the largest shareholder of ITOY?
Shareholders Change Directors and the Direction of Imagin.net, Inc. Business Wire - February 26, 1999 16:29 SAN JOSE, Calif.--(BUSINESS WIRE)--Feb. 26, 1999--"Imagin.net, Inc. (OTC BB:ITOY) today announced that its directors and officers have voluntarily resigned, and that its shareholders have elected a fresh slate of directors to bring a new direction and new technology to the Company," said James Ray, President of Silicon Valley New Issues, Inc., majority shareholder of the Company. |