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Microcap & Penny Stocks : PNWC - Pacific Norwest Capital -- Ignore unavailable to you. Want to Upgrade?

To: Clayleas who wrote (35)	12/2/1997 4:17:00 PM
From: Rob Ady	Read Replies (1) \| Respond to of 295

Clayleas: There were originally around 20 million shares out--then the last deal to get the limestone deposit cost them 10 million more shares for a total of around 30 million shares. They have not issued any news about the financing yet that I know of. I do not know what the terms of the financing are--maybe they will announce in the news release upcoming. I can not imagine they would just dilute the share price with their own money/shares without some news to positively impact share price and give them an opportunity to make some $$$$. Why would the insiders dump 25 million into a stock they did not believe was going up? They are in this to make some $$$ I would think. How would they get 75 million financing from banks/investors if there was not going to be a significant return on money/investment? Just thinking. Rob