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Microcap & Penny Stocks : AimRite Holdings Corperation: AIMH -- Ignore unavailable to you. Want to Upgrade?


To: oldschool who wrote (558)6/29/1999 4:36:00 PM
From: David Wiggins  Read Replies (2) | Respond to of 662
 
Question for thread. In Sept, the restrictions on trading 6 million shares will be lifted. These shares were originally sold as a 'conversion of a loan' for 6.25 cents per share. Does anyone know who controls these shares and can they prove it? What do you all think will happen to the share price when 6 million new shares hit the market? Currently 28 million outstanding (17 million restricted) then 28 million outstanding (11 million restricted)

Regards, Dave