AIRP Message Board - Msg: 8934649

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Microcap & Penny Stocks : AIRP

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To: Helge Kiessler who wrote (471)	4/15/1999 9:15:00 AM
From: Cathi Wierzbicki	Read Replies (1) of 487

Hi Helge: You would have to get the most recent number of shares outstanding from the company in order to figure out the current market cap. The last posted figure I saw was over 51 million shares. That was at the end of September, 1998. I think it is safe to assume it is higher now..:-) In November, Rich posted that the company was negotiating to settle about $860,000 in debt through debt for equity transactions at $.15 per share. I don't know if that has occurred, but if so, that would add another almost 6 million shares. There were also over 17 million warrants that were convertible at $.15. I don't know if any of those have been converted yet. Cathi

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