SI
SI
discoversearch

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 : AWLT wines and gourmet food - Italy Direct -- Ignore unavailable to you. Want to Upgrade?


To: Mr Metals who wrote (1019)6/1/1998 6:28:00 PM
From: JOE TURMAINE  Read Replies (1) | Respond to of 2595
 
MrMetals, there is some reluctance to discuss anything negative on this thread. Just ask that "barking dog" Ned. After the March 12/98 unaudited financial report was published I contacted the transfer agent to verify share count. The numbers published were 16,635,072 and the number from the transfer agent was 18,835,072 or 2.2 million additional. I emailed the company and was advised that the BOD would not respond to individual investors.
It is possible these shares were used to pay for an acquisition or just ongoing operations, but it is possible they are leaking into the market and holding the price down. Just my thought on a possible reason for the seemingly depressed stock price.
JOE