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Microcap & Penny Stocks : IDCN - gold, garnet, etc. -- Ignore unavailable to you. Want to Upgrade?


To: BigTex who wrote (901)8/20/1998 6:49:00 PM
From: Rock_nj  Read Replies (1) | Respond to of 5908
 
I'm not playing games. I own a position in IDCN. I was just trying to pick MakeAFuss's mind and try to get him to clarify his position. He raised some interesting points.

As far as buying 51% of the float. That wouldn't give CMI 51% of the outstanding shares because most of the outstanding shares are owned by the company and its principles. To have a voting majority CMI needs more than 50% of the outstanding shares.