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Technology Stocks : FRANKLIN TELECOM (FCM) -- Ignore unavailable to you. Want to Upgrade?

To: Alert-Inv. who wrote (2079)	9/22/1999 7:16:00 PM
From: Noneyet	Respond to of 2891

here you go spin this "Sharecount" is this more boilerplate language. CHECK IT OUT Hey ray I forget who once said this but I did hear it that the recently registered shares of stock on 1/26/99 & 4/9/99 were included in the total shares outstanding, well I find that interesting because of this statement that is included in todays filing. CHECK IT OUT !!!! "Except for (i) options to purchase not more than 11,422,000 shares of Common Stock with purchase prices between $0.10 and $2.78 per share; and (ii) warrants to purchase not more than 1,047,510 shares of Common Stock with purchase prices between $0.78 and $500 per share, " THAT RAY WOULD BRING THE TOTAL SHARES OUTSTANDING 38,276,236 MILLION, I ALSO BELIEVE ALTHOUGH I AM NOT SURE THAT THIS DOES NOT INCLUDE THE SHARES THAT CRESENT WILL SELL. OH YEAH RAY THE SHARE COUNT IS GROWING BIG TIME, ONE OTHER THING RAY, THIS COMPANY CRESENT INTERNATIONAL IS REGISTERED IN BERMUDA, HAS A SWISS ADDRESS AND THAT ADDRESS IS A CARE OF. C/O. Section 4.5. Capitalization. The authorized capital stock of the Company consists of 90,000,000 shares of Common Stock, of which 25,806,726 shares are issued and outstanding, and 10,000,000 shares of preferred stock, none of which are issued and outstanding. Except for (i) options to purchase not more than 11,422,000 shares of Common Stock with purchase prices between $0.10 and $2.78 per share; and (ii) warrants to purchase not more than 1,047,510 shares of Common Stock with purchase prices between $0.78 and $500 per share, there are no options, warrants, or rights to subscribe to, securities, rights or obligations convertible into or exchangeable for or giving any right to subscribe for any shares of capital stock of the Company. All of the outstanding shares of Common Stock of the Company have been duly and validly authorized and issued and are fully paid and nonassessable.