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Microcap & Penny Stocks : jsub -- Ignore unavailable to you. Want to Upgrade?


To: Emec who wrote (28)1/19/1998 11:05:00 AM
From: Tomcat  Read Replies (1) | Respond to of 38
 
How much stock can they be giving away for all of there
recent acquisitions? I am assuming that this is how they
are acquiring so many other chains. Yes it would be nice
if they reported some of this.

Tomcat



To: Emec who wrote (28)1/20/1998 3:29:00 PM
From: Dan Dolan  Read Replies (2) | Respond to of 38
 
FWIW, JSUB did submit a 10-SB as of December 12, 1997. It covers the period 1 Jan 97- 30 Sept 97

And yes, they primarily funded the past year's acquisitions with stock; per the 10-SB there are 50million shares authorized, 13million or so issued; of these, there appears to be only an immediate float of 1.5million because the remaining are restricted.