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Technology Stocks : NewKidCo International (OTC:NKCIF) (TSE:NKC)
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To: esecurities(tm) who wrote (3288)4/28/1999 8:51:00 PM
From: jim geis  Read Replies (2) of 4231
 
They don't think it's material because the shareholders got screwed.

How could they not think this is material to NewKidCo AND THE SHAREHOLDERS?

Management was smiling when they got $1 million US and 19% of Softquad and got them out of their hair.

Then they borrowed $500,000 of it.

Then they gave away (it appears) the 19%

And now that 19% could be worth $100 million ($500m ,SOFTQUAD ipo marketcap)

Imagine what that would do for the stock price and the shareholders.

Their #1 job is to maximize shareholder value and they are doing a miserable job of it.

And now, they are probably pissed off that it was found out because they sure weren't gonna tell us.

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