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Technology Stocks : WordCruncher Internet Technologies, Inc. (WCTI) -- Ignore unavailable to you. Want to Upgrade?

To: ztect who wrote (464)	1/2/1999 6:52:00 PM
From: gammaray	Respond to of 488

<<<Going public as a "bb" gives immediate access to capital without relinquishing control and ownership to venture capitalists.>>> ----------------- I hope the above statement is the primary reason that wcti went bb. In any event, your link was a great post and learning experience for me. However, reverse mergers are not free as you know. The shares are reported as follows: outstanding----11.8 (7.3 restricted) float-----------4. That leaves 500,000 shares unaccounted for. I assume (company never disclosed so I don't know for sure) 500,000 shares were paid for reverse merger . I will also assume that a large percentage of the 500,000 is and will be sold into rallies. Neil