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Microcap & Penny Stocks : SFAD Breaking into the INTERNET in a big way! -- Ignore unavailable to you. Want to Upgrade?


To: Nash Bridges who wrote (1032)1/14/1999 2:36:00 PM
From: Andrew H  Read Replies (1) | Respond to of 1322
 
YOU ARE WRONG!!!Over 700 million shares outstanding

>>You are mistaken, my friend. I was told there are 56m shares out- <<

I guess you are one of those investors who pour money into a stock without doing any research--check this out:

To: David Sirk (76 )
From: Vandyman Thursday, Dec 3 1998 10:56PM ET
Reply # of 1032

I think the total outstanding shares equals just over 700,000,000.

They have debt of around $1,200,000 I think. Revenues are almost nil. I don't know what the burn rate is...pretty low probably, since all the employees have so many shares (and some are restricted, I'm sure).

But a float of only 70,000,000 (10% of the total) would seem pretty low to me...I find it hard to believe that the remainder is restricted. I know SFAD used to issue shares like money, for services rendered, etc... Do they still do it?


Check this out: on Yahoo--looks like these folks have been printing shares like it is going out of style. Just wait till these folks start selling a few hundred million shares. LOL. Good luck. You are going to need it!

Initial filing by insiders of at least 672 million shares

9-Feb-98 TOLLEY BARBARA L Initial Filing 268,295,651 (i) Common - -
9-Feb-98 DEUTSCH RUTH Initial Filing 185,595,535 Common - -
9-Feb-98 FRANK FRANKLIN L Initial Filing 219,595,535 (i) Common - -




To: Nash Bridges who wrote (1032)1/14/1999 3:12:00 PM
From: Cosmo Daisey  Read Replies (1) | Respond to of 1322
 
Nash,
Not trying to but in but a little research found this, you do the math but if you add up the initial filings it's something like
1,008,390,535
cdaiseyPhD@market-research.com

Date
Name
Action
Shares
Type
Price
Value
17-Dec-98
TOLLEY BRADFORD L
Planned Sale (144)
25,000
Common
-
$13
3-Dec-98
BHATHENA MICHAEL
Planned Sale (144)
125,000
Common
-
$6,250
30-Sep-98
TOLLEY INVESTMENTS
Planned Sale (144)
100,000
Common
-
$3,700
9-Feb-98
ALEXANDER ROBERT L
Initial Filing
200,000
Common
-
-
9-Feb-98
BHATHENA MICHAEL
Initial Filing
11,000,000
Common
-
-
9-Feb-98
TOLLEY BRADFORD L
Initial Filing
22,000,000
Common
-
-
9-Feb-98
TOLLEY BARBARA L
Initial Filing
268,295,651 (i)
Common
-
-
9-Feb-98
TOLLEY JACK W
Initial Filing
260,295,651 (i)
Common
-
-
9-Feb-98
TOLLEY JACK W
Initial Filing
8,000,000
Common
-
-
9-Feb-98
MARTUS CHARLES N
Initial Filing
200,000
Common
-
-
9-Feb-98
DEUTSCH RUTH
Initial Filing
34,000,000 (i)
Common
-
-
9-Feb-98
DEUTSCH RUTH
Initial Filing
185,595,535
Common
-
-
9-Feb-98
FRANK FRANKLIN L
Initial Filing
219,595,535 (i)
Common
-
-