Just got the annual report and going though the details,but the other point is that the annual meeting of shareholders is scheduled for June 10th 1999.
Total voting shares total: 6,056,986 Common shares
DIRECTORS STOCK David L. Osborn 1,956,368 32.0% Robert Fischer 47,615 0.7%
Authony Duncan 616,750 10.2%
Mitzy Ferguson 220 0.0%
Jane Taylor 0 0.0%
all Directors and executive officers as a group 43.3%
(5) prople in all.
Clifford Osborn 745,618 12.3%
D.Marrion Wood 513,895 8.5%
Roy J.Millender Jr. 500,000 8.3%
Charles L.Boppell 495,556 8.1%
Travis B. Bryant 4,000,000 37.5%
In 1994 Mr. Bryant received warrants for the purchase of 4 million shares of the companies stock in exchange for the restructuring and cancellation of obligations owed by the company to Mr. Bryant.
I will add more as I read the remainder of report.
Regards
Jeff |