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Microcap & Penny Stocks : Microphonics Inc. (mrps)
MRPS 0.00010000.0%Dec 11 4:00 PM EST

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To: secureit who wrote (4431)3/25/1999 3:16:00 PM
From: Joe-MA  Read Replies (1) of 8189
 
I just talked with the MRPS attorney about this matter of Rozzi again. I had previously talked with him about both the Russo and Rozzi matter (see post #3408).

He is not a securites knowledgable attorney however and was not in position to tell me much about the whole matter. He does state that they originally tried to stop the sale of the February 270,000 Rozzi shares but were told that they couldn't do so from the transfer agent (there is some confusion whether those 270,000 were from MRPS - but if it was a 144 filing they must have been- right?).

He promised to get me information ASAP re how many shares were originally given to both Russo and Rozzi and where they came from - authorized,restricted,outstanding,float etc.
With that, we will at least know if there are more out there to be sold and whether it effects pe ratios.
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