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Microcap & Penny Stocks : GLFC-Greenleaf Technologies -Undiscovered no hype

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To: blake roberts who wrote (237)4/23/1999 11:30:00 AM
From: T.R.  Read Replies (1) of 271
 
Sorry it took me a little while to respond to your questions. I went to their web site (www.glfc.com) and copied the following:

Greenleaf Technologies Corporation - OTC BB: GLFC
Technology solutions for electronic and advanced media.

As Of: December 03, 1998

Current Price: Bid: $2.38 Ask: $2.50
Authorized Shares: 100,000,000
Outstanding Shares: 51,884,786 (approximate)
Float: 8,106,978 (approximate)
Market Capitalization: $95,079,812.38
Shareholders of Record: 180 (approximate)
Management Control and restricted shares: 37.4% (approximate)

-----

Fiscal Year End: September 30

State of Incorporation: Delaware Dec. 9, 1986
Long Term Debt: None
CUSIP#: 395356 10 8
Registrar and Transfer Agent: American Stock Transfer and Trust Co.

========================

I'd recommend you call Eric Lowe (the number is posted on the web site) and get further verification on the information you are requesting.

The rumors of them being bought out by Time Warner are, to my knowledge, simply that...RUMORS. However, there has been a press release indicating they have some agreements in place with a susidirary of T.W. Personally, I think the T.W. stories you are
hearing are probably incorrect relative to taking over GLFC.

Hope this is of help to you.

Good luck on making your decision,

T.R.
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