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Microcap & Penny Stocks : Tech Squared (TSQD)- Internet Commerce -- Ignore unavailable to you. Want to Upgrade?


To: captaintime who wrote (2524)1/5/1999 2:22:00 PM
From: James Mitchell  Read Replies (2) | Respond to of 2752
 
According to the most recent 10-Q report filed in November, 11,039,179 shares were issued, 10,374,870 in the float, balance privately held.

Based on today's DRIV price, TSQD's 3 million shares worth about 114 million. Just by taking that and dividing by TSQD's total shares, you get a share value of over $10/share for TSQD.

Somebody please correct me if I'm doing this wrong. If you take a DRIV share price of $60, you get roughly $16.31/share for TSQD.

Just a side note. Yesterday somebody filed to sell some shares of TSQD. You must file to sell well in advance of the actual sale. I think somebody anticipates making some money. Will anyone with full EDGAR access please post here with the full nature of the filing?

How will TSQD use the money? I have always maintained that TSQD would in some fashion be absorbed or rebuilt with the help of the DRIV machine. Perhaps even an acquisition for TSQD's business?

It's getting interesting!