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: brad greene who wrote (1392)3/23/1998 4:04:00 PM
From: Russell Gish  Read Replies (2) | Respond to of 5847
 
I like it... no sells below 15/64 ($0.234375) !!!!!



To: brad greene who wrote (1392)3/23/1998 4:06:00 PM
From: Russell Gish  Read Replies (2) | Respond to of 5847
 
To all SI posters:

If you could/would/will.... please post how many shares you requested for certification at the end of the day.

I called in *** 12,200 *** this morning

Thanks



To: brad greene who wrote (1392)3/23/1998 4:55:00 PM
From: Larry  Read Replies (2) | Respond to of 5847
 
Brad,

I called BANY IR, had a long talk with Scott, and found out the following:
Any shares owned by Cameron Yost or Mr. Saf, or anyone else who is an
employee of Banyan are "insider" shares and are restricted for sale by SEC regulations. Therefore they are classified as Shares Outstanding and NOT part of the Float. In order to be sold, the shareholders would have to file form 144's, wait 6 weeks, and then sell. Banyan has had no insider sales for the past year.

I also called the Transfer Agent (Oxford Transfer Register) and was told they would not release information to me without the company's permission. I returned the call to Scott and was told Banyan gets charged 100 to 1,000 dollars for each report issued by OTR. He said he would call Cameron Yost and try to find a way around that.

So, no new information to report. I will follow up on this tomorrow.
Larry