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Technology Stocks : NewKidCo International (OTC:NKCIF) (TSE:NKC) -- Ignore unavailable to you. Want to Upgrade?


To: esecurities(tm) who wrote (3436)7/7/1999 11:53:00 AM
From: esecurities(tm)  Read Replies (1) | Respond to of 4231
 
[07-07-99 11:45 AM ET] NEWKIDCO, 40 MILLION SHARES FULLY DILUTED PURSUANT TO JULY 26 ANNUAL MEETING?

>>[07-06-99 6:08 PM ET] PROXY NOTICE OF...SPECIAL MEETING

>AND THE POSSIBLE ISSUANCE OF UP TO ANOTHER
>13M-20M* SHARES IN PRIVATE PLACEMENTS DURING
>THE TWELVE MONTHS COMMENCING ON THE DATE
>OF SAID ANNUAL MEETING

Note: The implications of Resolution 5* is that the fully diluted number of shares could be (13M shares + the 6.7M) pursuant to the June 15 Private Placement Closing <http://biz.yahoo.com/bw/990615/ma_newkidc_1.html>) x 2 (Res 5) or ~ 40+M shares?

* Resolution 5. Approval of a resolution, as more particularly described in the information circular dated June 24, 1999 accompanying the notice of meeting to which this proxy relates, authorizing the issuance or possible issuance by the Company in private placements during the twelve months commencing on the date of the meeting of up to 100% of the number of issued and outstanding common shares as at June 24, 1999.