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Microcap & Penny Stocks : TGL WHAAAAAAAT! Alerts, thoughts, discussion. -- Ignore unavailable to you. Want to Upgrade?


To: stu fabian who wrote (67818)10/20/2000 11:40:57 AM
From: david simns  Read Replies (2) | Respond to of 150070
 
ENGLISH, MCCAUGHAN & OBRYAN....Were paid in stock.
According to IR they have not sold and this 500k shares was already included in float. They believe it will see this price and if it does not they will either refile or if they sell below this price, value will revert back to stock price at the day they filed can not show a loss.

This is the way I understood it...