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 : Rentech(RTK) - gas-to-liquids and cleaner fuel -- Ignore unavailable to you. Want to Upgrade?

To: Lord Smooth who wrote (5200)	6/2/1998 10:16:00 AM
From: Bernie Sturr	Read Replies (1) \| Respond to of 14347

I agree with your analysis. The initial euphoria at an announcement of a deal,(if ever),the price could go to $10, but will back off to the $6 to $7 range. I would expect to take some profits at that point to get my money back,and then let the rest ride for the very long term as the increase of value to $750 mil will take several years....IMHO..... in the meantime I will continue to play BINGO with my better half...BINGO,the game, not a stock......B

To: Lord Smooth who wrote (5200)	6/2/1998 1:54:00 PM
From: Lord Smooth	Read Replies (3) \| Respond to of 14347

Share breakdown for the lazy edgar readers from the latest 10Q: For quarter ending March 31, 1998, company recieves net proceeds of $437,401 from issuing common stock (does not indicate number of shares.) As of March 31, 1998: 31,556,134 shares 4/98 conversion of $620,500 of its 10% Convertible Subordinated Promissory Notes ("Notes") into common shares: 2,500,801 shares 4/98 Neidiger/Tucker/Bruner, Inc. exercised Warrants received in the 1997 Private Placement of the Notes: 233,959 shares On April 7, 1998 to Global Relations Services, Inc. ("Global") in exchange for public relations services: 66,000 shares Shares outstanding as of April 7 31,556,134 plus 2,500,801 plus 233,959 plus 66,000 equals 34,356,894 shares outstanding. Next, from DEF 14A VOTING SECURITIES AND VOTING RIGHTS The close of business on April 20, 1998 has been fixed by the Board of Directors of the Company as the record date for the determination of stockholders entitled to notice of and to vote at the annual meeting. On that date, the Company had outstanding 35,010,225 shares of common stock, all of which are entitled to vote on the matters to come before the annual meeting. 35,010,225 minus 34,356,894 equals 653,331 shares That means since April an additional 653,331 shares were issued, but has not yet been specifically reported by the company. Melissa, shares at the end of the period are different from the number of average shares for the period. That is where your confusion is coming from.