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.
Technology Stocks : Turbodyne Technologies Inc. (TRBDF) -- Ignore unavailable to you. Want to Upgrade?


To: Nancy Stall who wrote (2046)10/8/1998 7:00:00 AM
From: Q.  Respond to of 3458
 
update on Turbodylution's shares outstanding:

excerpts from the S-1, filed Oct. 1:

As of September 15, 1998, there were 41,226,097 shares
of Common Stock outstanding

As of September 23, 1998, approximately 48,111,525 shares of

Common Stock will be outstanding assuming the exercise of all
outstanding options and warrants.


----------

here's my updated scorecard on the share dilution:

==============================================================
Year ending 12/31 shares outstanding increase
(millions) (millions)
1993 1.078
1994 10.663 + 9.585
1995 16.452 + 5.789
1996 23.580* + 7.128*
1997 29.961 + 6.381
10/1/98 41.226 +11.265 YTD


shares that would be outstanding
if all options and warrants were
exercised:
48.111