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 : IDCN - gold, garnet, etc. -- Ignore unavailable to you. Want to Upgrade?


To: Coolbreeze who wrote (1746)8/26/1998 3:40:00 PM
From: BigTex  Read Replies (1) | Respond to of 5908
 
CB,according to what I was told by Brujhell there are 47,000,000
outstanding,13700,000 in the public float.Please clarify as to your source
of info.Thanks



To: Coolbreeze who wrote (1746)8/27/1998 5:23:00 AM
From: John Martin  Read Replies (1) | Respond to of 5908
 
GC, There is 47,000,000 shares outstanding. Approx. 17,000,000 are held by the company (officers,insiders,etc.). 15,000,000 shares are held through the purchase of Prodigy. 8,000,000 shares are held by 4 investors through the offering. This leaves us with approx. 7,000,000 shares in float.

Based on this, none of us need to vote if the company and Prodigy are for the buyout.

47M * 80% = 37.6M - (17 + 15 + 8) = more than enough votes...

The question are:
Does Prodigy want the buyout?
Does the officers & insiders want the buyout?