Silicon Investor (SI) -- The First Internet Community

STOCKTALK

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 : INFE ... Infocall another Sleeper -- Ignore unavailable to you. Want to Upgrade?

To: LegalBeast who wrote (1103)	5/28/1998 8:02:00 AM
From: Little Engine	Read Replies (3) \| Respond to of 10343

Beast, I am sure you know why I raise this question. Perhaps I missed it, but I have not seen the number of authorized shares posted here. What is that number? From the discussions of 5%, etc., it is apparently over 12 million. I was not talking about increasing the authorized shares, rather, was talking about the company taking advantage of the skyrocketing price and printing a few million more. It would be a lot smarter to do it now then when the price was hanging around .20. Add that to the fact that 3.7 million shares become unrestricted in a couple months, and the idea of a few people here controlling the float becomes impossible. INFE could do it without mentioning to the shareholders. FAMH went from 20 MM to 70MM shares issued without once mentioning that they planned to print any shares (they were authorized up to 100 MM). It happens. Of course, some would rather trade drunken insults than discuss such issues.