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

To: Janice Shell who wrote (253)	4/6/1998 11:14:00 AM
From: Gregory	Read Replies (1) \| Respond to of 684

and what is the float now?

To: Janice Shell who wrote (253)	4/6/1998 12:18:00 PM
From: woody	Respond to of 684

VXTK can issue 12 million shares under the agreement to purchase AIM system ( now the i/nova). 6.5 million to Mr. Price, 3.5 million to a company called Promax, a California company of which Mr. Price was the majority holder and 2 million allocated to the company's 1997 Contingent Stock Option Plan. These share will be issued on a contingent basis. 100,000 shares were issued to Mr. Price and the remaining 6,400,000 shares will be issued to Mr. Price based on an earn-out formula contingent upon future revenues of I/NOVA.