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

To: bjkelly who wrote (1055)	1/14/1999 5:13:00 PM
From: Mitch Aunger	Read Replies (1) \| Respond to of 1322

For everyone's reading: from the SEC Filing Nov 16 1998 STOCKHOLDERS' EQUITY Common stock $.00001 par value 999,000,000 shares authorized; 705,477,200 issued and outstanding I think this link will get you to all the filings... and yes there are a few more recent, but I think this is the latest one with the share count in it. freeedgar.com And, from the same SEC filing, you will indeed see there was a 10 for 1 reverse split... and the share totals above are AFTER the split. "NOTE 2. COMMON STOCK TRANSACTIONS During the first quarter of 1998, Safe Aid Products affected a one for ten reverse stock split. All share and per share amounts presented herein account for this action as of the first day of the first period presented. Further, the 634,929,480 shares issued to effect the recapitalization, as discussed below, are also presented as issued and outstanding as of the first day of the first period presented. On February 9, 1998, Safe Aid Products issued 585,819,936 shares of newly issued, restricted unregistered common stock, to the former shareholders of Intelligence Network International, Inc. in relation with the merger with Intelligence Network International, Inc. On February 9, 1998, Safe Aid Products also issued 49,109,544 shares of newly issued, restricted unregistered common stock, to certain broker, finders and consultants for services rendered in the reverse merger transaction." No mention of the length of the restrictions.. so many of these shares are not in the 'public float' but they are issued none the less. check for yourselves. It only took me about 10 minutes to find the info above. You can do it too! (and it might save some squabbling here).