PAYP Message Board - Msg: 9947497

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Microcap & Penny Stocks : PAYP

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To: onza who wrote (12)	6/3/1999 11:53:00 PM
From: ajs	Read Replies (1) of 179

Number of shares outstanding is 11 million not 500,000. Call their transfer agent for more information: CIBC Mellon 1177 West Hastings Street Vancouver, BC V6E2K3 (604)688-4330 Their PR firm is: C. Jones & Co. (303)470-8783 cjonescompany.com By the way, the date for the press release you posted is March 23, 1999. So why no reaction to the news until now? Also the press release says: the funds would allow PAYPD to expand its existing telecommunications base on a global basis with very little dilution to its shareholders. How could they raise $4 million with little dilution? ajs

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