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Microcap & Penny Stocks : Amazon Natural (AZNT) -- Ignore unavailable to you. Want to Upgrade?

To: bmart who wrote (1210)	8/24/1998 10:05:00 AM
From: jhild	Read Replies (1) \| Respond to of 26163

Mr. BMart, in reading the financial statements I find some interesting trends in the Balance Sheets. Maybe since you are so familiar with these three accounts and your Mr. Zapara and these other names, you would also know about the answer to this question. In 1995 I see that the Shareholders had incurred "additional Paid In Capital" of $94,000. Then by year end 1996 it was $211,000. Now it has become a whopping $2.2M as of the latest filing. Where has all of this money gone to? When you back out some of these aggressive accounting positions in the Balance Sheet, it shows that the shareholders have been bearing the brunt of this companies losses. The debt situation is but a fraction of the load that they surely could have carried to affect the use of their $600K in equipment. Who has been selling all of these shares that surely must be available in the float or were these sales of restricted stock through Private Placement. If so, were they unregistered shares? Where are these shares now do you suppose? Or is this Transfer Agent shuffle an attempt to make registration of these possibly restricted shares more difficult? But quite a progression don't you think? 94K - 211K - 2200K all the while the company is paying hefty fees and consulting expenses with pitiful sales to show for it. Or, if you don't know, should I ask The Indian?