Microvision (MVIS) Message Board

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Microcap & Penny Stocks : Microvision (MVIS)

MVIS 0.951

-1.0%

Nov 26 3:59 PM EST

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To: Josef Svejk who wrote (2394)	4/8/1999 10:02:00 PM
From: Larry Brubaker	Read Replies (1) of 7720

Josef, the SC 13-G filing is a statement of beneficial ownership. The ownership listed is 586,338 shares. The PR mentioned ~441,000 shares were purchased for the $6 million. Therefore, the warrants (exerciseable at "higher" prices) must amount to ~145,000 shares. Unfortunately, the SC 13-G filing does not register the shares for sale, so the provision relating to increasing the number of shares if the price falls (to the $13 range, if memory serves) must still be in effect. Let's hope they get that S-3 in to the SEC quickly so there is no question about the number of shares involved with this financing.

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