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


To: bmart who wrote (6243)9/18/1998 10:44:00 AM
From: Graystone  Read Replies (1) | Respond to of 26163
 
Please keep your posts on topic bmart, we are discussing AZNT. <eom>



To: bmart who wrote (6243)9/18/1998 10:59:00 AM
From: Janice Shell  Respond to of 26163
 
Asensio also said the company's shares are subject to substantial dilution from as-yet-unexercised warrants, options, and convertible preferred stock.

Asensio calculates that when exercised, they will boost the number of shares outstanding by more than 80 percent.

A HempispheRx spokesperson confirmed his contention, Business Week said. Carter told the magazine that he doesn't believe there will be a substantial dilutive effect.


If 80% isn't "substantial" dilution, then what would be? No wonder people are shorting the stock.