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Microcap & Penny Stocks : NAMX -- North American Expl.-- Que Sera Sera! -- Ignore unavailable to you. Want to Upgrade?

To: T N who wrote (4270)	8/10/1998 8:31:00 AM
From: pbill	Read Replies (1) \| Respond to of 4736

Well, Today's the day!! will it be + or -??? Hopefully the split, and recall of the "bad shares" will bring rewards for those who held on. The web page is working and hopefully the company issues a release today to explain further what the plan is. Now the max shares (the way I understand it) will number only 2 million, with 560,000 of them being "reserved" for the boards options at a much later date, never getting to be worth more than the close on 7/23/98 (times 100 due to the split,) so the most they will ever get for them will be less than $3. The float today, at a maximum will be 1,440,000 shares, with the open to be at $2.00, the bad thing is the extra $$ it will cost to sell the "odd lots" that are left. Hopefully the close will be 2.00+ and not $1.00-, good luck guys,