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.
Microcap & Penny Stocks : BANY: Core business growth, exciting affiliations! -- Ignore unavailable to you. Want to Upgrade?


To: Russell Gish who wrote (1256)3/20/1998 7:46:00 PM
From: Rick D.  Read Replies (2) | Respond to of 5847
 
Russell,

I just got through the Investor Info pack that Scott sent. In the letter from Cameron Yost, dated January 20, 1998, he says that since asking shareholders to maintain their holdings in certificate form, "we estimate between 300,000 - 400,000 shares have been converted..."

He also says "there needs to be two to three times that amount...before any real impact can be made to stop and prevent the short selling practices..."

Do you know if his 300,000 - 400,000 is still accurate? What's the current status, not including our little revolution here? Unless the number has increased since the end of January, it looks as if we may need more than our target amount to make an impact. What's your reading of this?

Appreciate you're coordinating this.

Rick