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Microcap & Penny Stocks : Ben Ezra Weinstein (BNEZ) -- Ignore unavailable to you. Want to Upgrade?


To: Jud who wrote (9001)10/25/1999 10:09:00 PM
From: heatseeker  Respond to of 9391
 
The Biolab acquisition of Biomoda for $4/share would give BNEZ about $1MM (this assumes they still own the 250k shares of Biomoda). I think it's a pretty good bet that the current BNEZ outstanding is closer to 70MM than 35MM. With 70MM outstanding, that's only $0.014/share in value.

Trying to understand why we are up from 3 cents a few days ago to about 7 cents now. Hopefully there is something more than just this Biolab announcement responsible. Otherwise we will come crashing down to 3 cents pretty quickly.

heatseeker