SI
SI
discoversearch

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.
Strategies & Market Trends : Three Amigos Stock Thread -- Ignore unavailable to you. Want to Upgrade?


To: Ken W who wrote (20284)6/14/2000 8:54:00 PM
From: Ken W  Read Replies (4) | Respond to of 29382
 
I'm sorry I just have to post some of this stuff on BIOI..

There is a whole web of convertible preferred shares as well as rights and warrants to convert even more shares. These are owned by Gemstar Capital LLC (27.4%) now there is another 27.8% owned by Stargem LLC (cool huh, reversed the spelling of the name) Now there is another 27.4% owned by Messars Peterson, Conte and Richardson (I think), anyway the three guys are also the heads of both LLC's Gemstar and Stargem!!!!!!!!! So, basically the entire future of BIOI is held in the hands of three guys that reverse the names of LLC (limited liability corps) and have the ability to dilute the present 7MM shares of the company into about 15MM. Incredible. I have to read more, this is too interesting.

Ken