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Microcap & Penny Stocks : XSNI - X-Stream Network -- Ignore unavailable to you. Want to Upgrade?


To: early player who wrote (2756)9/12/1999 2:31:00 AM
From: Grandk  Read Replies (3) | Respond to of 3519
 
Question...

Anyone know what the Shares Outstanding on XSNI is? 34 million is a number I have read. Is this correct?

>>>The shares which have been bought and sold up to this point are the results of private shares sold by investors who owned shares prior to the OTC:BB listing. Hence they are private.<<<

What does this mean exactly? Is XSNI going to dump more shares on the market?

>>>XSNI is indeed a private company. However, the shares you see on the OTC:BB were part of a private placement. These shares will be valued at the PUBLIC price of the IPO if and when it takes place.<<<

Is this true?

Sorry if my questions seem trivial, but I am sketchy on what exactly is happening here. Free internet ISP that gets revenue from advertising. Right? Closing in on 500k customers. Based in the UK, looking to expand to overseas markets. LEH working on getting on the Naz where it belongs?

I appreciate any and all responses. I would like to invest in this company, but need to know more.