Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Gold/Mining/Energy : AOT just doubled anyone know why ? -- Ignore unavailable to you. Want to Upgrade?

To: Steve Joy who wrote (49)	1/17/1999 11:48:00 PM
From: skwint	Respond to of 62

Yes, I agree the market cap is low - but, who is Mr. Carter? At Sept. 30, 1998 John Toffan owned 3.2 million shares of the 17.9 million that were issued. Later in the year Toffan sold 2.4 million shares and purchased 2.5 million units from Treasury. Each unit consisted of 1 share and 1 warrant. After these transactions Toffan owned 3.3 million shares out of a total of 20 million. At september 30 there were 3.45 million warrants exercisable (according to the quarterly financial statements) at $.35. Another 2.5 million were issued later in the year as part of the units referred to above. These are exercisable at $.21- $.25 over the next two years. I've followed AOT for a long time and look forward to the next year.