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Microcap & Penny Stocks : GAAY - Triangle Broadcasting Company (was TBCS) -- Ignore unavailable to you. Want to Upgrade?

To: Jacalyn Deaner who wrote (1241)	7/30/1999 10:40:00 PM
From: Jacalyn Deaner	Read Replies (1) \| Respond to of 2118

I guess someone didn't get that last post as coming from Batman and took offense that the word "Joker" was used. So no more comic book characters from me. Joker=MM=Joker makes fools out of people=MMs make fools out of people, oh well, better stick to character actors :-) Demi interesting summation on # shres of stock from 7/98 "5/1" stock reversal to reduce the number of shares ie we find out how many shares available July 98 before stock reversal, divide by 5 and get estimate on number of shares today: By: udm528 Reply To: None Friday, 30 Jul 1999 at 10:08 PM EDT Post # of 16255 as best i can estimate form the 7/98 split they had 98,000,000 shares outsatnding reversed 5 for 1 leaving 18,800,000 outsatanding and the float was apx 8,000,000, they sold apx 20-22,000,000 to pay for the studio, raising the the oustanding to 38-40,000,000 and the float to apx. 30,000,000. as far as the money to buy the tv.station and funds to start up the new shows, etc. i recall that they sold 2 radio stations a couple months back and i also think they worked some type of deal with jb broadcasting to possibly let them air the show at little to no cost and share ad revenue as particail or full payment for the t.v. station; and if they have issued any futher shares i consider it shares well used/invested in the company and its bussiness plan and apparently an INVESTORS GROUP (u know the unsolicited offer) also consider it a good choice rather than accumulate debt. just think if we had 30,000,000 shares outstanding and $20,000,000 debt/financing, would that be preferred to no debt and 50,000,000 shares outsatnding (not for me i prefer no debt). my 2 cents