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Gold/Mining/Energy : Golden Eagle Int. (MYNG) -- Ignore unavailable to you. Want to Upgrade?


To: RMF who wrote (14977)11/24/1998 12:46:00 PM
From: the Chief  Read Replies (1) | Respond to of 34075
 
Options can be issued anytime to CEO/PRES and directors. All that has to be done is get approval to do so at a AGM! That is why OTC BB stocks are insestueous!! They go "public" keeping 51% of the shares, hold an AGM and give themselves permission to give themselves more shares. The fact they may or may not have issued shares even if they KNEW of a deal is not a conflict. If it can be proven that this is a normal course issue of options (which would not be hard) they are in the clear!!

the Chief