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Microcap & Penny Stocks : Veronex Technologies Inc. (VXTK) -- Ignore unavailable to you. Want to Upgrade?


To: woody who wrote (252)4/6/1998 11:10:00 AM
From: Janice Shell  Respond to of 684
 
Well, you can go to Edgar and check their 10-K. (They may also have posted it at the website.) That'll tell you how many shares are authorized. In order to issue them publicly they'd have to make an announcement and file with the SEC. BUT that doesn't mean they can't use treasury shares as payment to others, or for acquisitions; again, they'd have to file with the SEC. They have, in fact, made several recent purchases with stock.



To: woody who wrote (252)4/6/1998 12:07:00 PM
From: Kathy Riley  Respond to of 684
 
This info was in the investor packet I got. I read it pretty thoroughly
in order to make a decision about jumping in or passing. It does not
necessarily mean this will happen but it is a possibility in the
future.