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Microcap & Penny Stocks : ABFG - AMERICAN BENEFITS GROUP, INC.

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To: Jeffrey S. Mitchell who wrote (657)4/10/1999 12:25:00 AM
From: Dan Glover  Read Replies (1) of 4128
 
Jeff,

Here was my post, and I did state that they were a
rough estimate Todd gave me over the phone. Of the
approximate 7.7 shares in the float, about 3.9 are
with the initial investors who bought in @ $2.00-2.50
a share. I don't know where you see that 7mil has been
given to the minning company. Please provide actual data
and where you obtained it from.

Dan
---------------------------------------------------------

( extect from post #565 )

29,949,000 shares outstanding
7.7 mil in the float ( about 3.9 with the original financial investors who bought in @ $2.00 - $2.50 per share)
Jerry Mikplajckzy owns 2.1 -2.1 mil ( president )
Gerald Sclar owns about 18 mil ( managing director ) Mr Sclar owns so
many shares because he has used his own money ( around 6 mil ) to get
the company up and running, including meeting payrolls, purchasing
capital equipment, computer systems, office furniture, supplies, ect.
Dru Mordoff has about 300,000 ( rep in Bankok )
David Schaffer about 300,000 ( manager of mining operertion )
( Total shares with the mining operation is only about 1.1 mil, divided between 5 people, including David Schaffer. )

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