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Microcap & Penny Stocks : VLVT (was CSMA) -- Ignore unavailable to you. Want to Upgrade?


To: iknowlarry who wrote (10772)2/3/1999 8:30:00 AM
From: TraderGreg  Read Replies (1) | Respond to of 11708
 
Good question.If one buys CSMA shares on the open market today, no spin off shares come with it. However, the question is: How many CSMA shares are owned by insiders and to what extent would they sell a part of their spin off shares?

Since not all of the CSMA O/S is in the float, there will be Envirotec and AH ownership represented by holders of restricted CSMA stock as well. How much? Don't know. But we know that insiders owned more than 1/2 of the O/S.

TG