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Microcap & Penny Stocks : Tech Squared (TSQD)- Internet Commerce -- Ignore unavailable to you. Want to Upgrade?


To: M. Frank Greiffenstein who wrote (142)4/19/1998 1:02:00 PM
From: 24601  Read Replies (1) | Respond to of 2752
 
Doesn't that just mean that you could dilute the 3,500 shares by issuing 996,500 more just like them?



To: M. Frank Greiffenstein who wrote (142)4/19/1998 1:19:00 PM
From: 24601  Respond to of 2752
 
Doc: I think the option is to buy 4.8 million shares for a total consideration of $1 -- not to buy 4,8 million shares at $1 per share.

That would mean that TSQD could acquire the shares that it "effectively controls" for a gross payment of $1, not for one of $4,800,000.

Can you confirm or correct me on this?



To: M. Frank Greiffenstein who wrote (142)4/19/1998 2:46:00 PM
From: neverenough  Read Replies (2) | Respond to of 2752
 
Doc, do you know how many shares of TQSD Joel Ronning has? Since he is Chairman & CEO of TSQD, and President & CEO of Digital River it makes sense to me that he would want to improve shareholder interest in TQSD. The best way to do this would be DR IPO. This could happen sooner than we think.

Nigel