Amazon Natural (AZNT) Message Board

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Microcap & Penny Stocks : Amazon Natural (AZNT)

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To: Q. who wrote (22091)	4/7/1999 5:39:00 PM
From: Janice Shell	Read Replies (2) of 26163

First, can anyone tell me if the co. has ever followed through on its plans to reissue all of its stock with a different CUSIP number? No. That is, no they haven't. Promises, promises. It's all the fault of the DTC. Second, does this stock really have a market cap of $66 M? Depends, naturally, on the prix du jour, and on whether the company really did (as it declared in its most recent 10Q) "cancel" 51 million shares of insider-held common, and reissue 'em as preferred. Since they never filed to do this with the SEC, one presumes it hasn't happened. But with AZNT you never know. Self-transfer Sylver appears to believe he can do anything he wants. Third, what sort of products is the co. selling that gives it a gross margin of 410%? That's what the latest 10Q shows: $536 k of sales with cost of sales of only $11 k. Who are the co.'s customers? Sorry. At this point I can only say lololol, snicker!

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