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 : Ben Ezra Weinstein (BNEZ) -- Ignore unavailable to you. Want to Upgrade?


To: Jud who wrote (3148)10/3/1998 1:01:00 PM
From: BigDaddyMac  Read Replies (1) | Respond to of 9391
 
Good morning Gentleman and ladies,

I just back from the POST OFFICE and man what a line they had there.

They have a new computer system and it took forever.

Anyway, glad to see that our thread is getting back to normal, I hope we all begin to understand what happened this week and we should expect more of it as the company releases more news.

I just can't wait till we get some juicy sales figures and margin estimates. That is going to start the party off big time.

REMEMBER, ELVIS HAS LEFT THE BUILDING, next time somebody else can wear his white ruby studded jumpsuit.

Have a good weekend all my Bnezerites.

mitchell



To: Jud who wrote (3148)10/3/1998 1:10:00 PM
From: Elio Madama  Read Replies (1) | Respond to of 9391
 
Jud,

it's a lot to comment about your post, so I will do it little by little.
Authorized preferred stocks were 4.000.000 and 1.000.000 issued and outstanding as September 31st, 1997 (by Company Press Release of 12/31/97).

Is your theory of conversion before June 19 or after?
If it was before June 19, it means the RS applies here, but if your theory is after June 19, then it means they got 4.000.000 "new shares".
So, before or after June 19?

WAIT A MINUTE I JUST READ YOUR POST AGAIN. YOU SAID THEY CONVERTED ON 6/04/97 that means the reverse split also included those 4.000.000 shares. :}

Thanks, Elio