Maybe you should look at this more carefully:
moving 30 Million shares higher is going to take
a lot more hype then this thread can generate.
TeleServices International Group Inc.
Consolidated Statement of Changes in Stockholders' Equity (Deficit)
From September 30, 1995 through December 31, 1997
Common Stock Additional
Paid-in Accumulated
Shares Amount Capital Deficit Total
------ ------ ------- ------- -----
Balance, September 30, 1995 15,507,944 $ 1,551 $ 2,320,739 $ (2,002,625) $ 319,665
Issuance of common stock 3,581,820 358 3,355,015 -- 3,355,373
(Note 7)
Reorganization (Note 1) 750,093 75 (75) -- --
Minority interests shares not exchanged as of
September 30, 1996 (Note 1) (3,869,469) (387) 387 -- --
Net (loss) year ended
September 30, 1996 -- -- -- (3,859,117) (3,859,117)
------------ ------------ ------------ ------------ ------------
Balance, September 30, 1996 15,970,388 1597 5,676,066 (5,861,742) (184,079)
Minority interest shares exchanged 3,869,469 387 (387) -- --
(Note 1)
Issuance of Common Stock 2,219,999 222 1,572,238 -- 1,572,460
Net (loss) three months ended
December 31, 1996 -- -- -- (1,987,345) (1,987,345)
------------ ------------ ------------ ------------ ------------
Balance, December 31, 1996 22,059,856 2,206 7,247,917 (7,849,087) (598,964)
Issuance of Common Stock 8,096,091 810 13,621,525 -- 13,622,335
(Note 7)
Net (loss) year ended
December 31, 1997 -- -- -- (18,217,296) (18,217,296)
------------ ------------ ------------ ------------ ------------
Balance, December 31, 1997 30,155,947 $ 3,016 $ 20,869,442 $(26,066,383) $ (5,193,925)
============ ============ ============ ============ ============
The accompanying notes are an integral part of the Financial Statements. |
