Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Microcap & Penny Stocks : The New Corporate Vision Inc. ( CVIA ) -- Ignore unavailable to you. Want to Upgrade?

To: Rich Lytle who wrote (3150)	10/19/1999 9:15:00 PM
From: Rod Copeland	Read Replies (2) \| Respond to of 3596

Hodges No. 1-X Completion Delayed I was notified this afternoon that the completion unit we have contracted for the Hodges will not be available until sometime next week. It rained on both the Hodges and at the lease where the rig is currently located. The engineer also indicated that the job he is currently working on has encountered some problems that will delay him from being available this week. I will advise you of developments as I am made aware of them. I would not think we will be delayed over a week, unless we get more rain in the interim period. The forecast for the remainder of this week is dry. I apologize for the delay, but this is typical in the oilfield. I'm as anxious as everyone else is!!! Rod.

To: Rich Lytle who wrote (3150)	10/19/1999 9:55:00 PM
From: Michael Graham	Read Replies (1) \| Respond to of 3596

I don't know for sure, but I would think that the 500,000 shares used as collateral are issued and restricted. Not part of the float, but part of the outstanding shares which is what the percentages are based on. And if those shares are restricted, then they can be considered tightly held. Also remember that if those shares are not part of the outstanding shares, then everyone's percentages would go up because to total OS the %'s were based on would be 3.1 mil instead of 3.6 mil. Mike