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Microcap & Penny Stocks : THE NEW ISSM!!!! -- Ignore unavailable to you. Want to Upgrade?

To: David Sirk who wrote (484)2/6/1999 5:39:00 PM
From: Chris J. Addison  Read Replies (1) | Respond to of 915
 
David,
I am just trying to understand what is going on here. The registrant is Terry right??? So how can he issue 3.68 mil shares to Datapower after the R/S if there is only 2.5 mil shares total in existence after the R/S. The only way I can figure to do that is print new shares unless I am missing something. If they issue the shares before the R/S than after the split Datapower will only have 368,000 shares which is no where near 59 percent of 2.5 mil. The way I explained is the only way it seems to workout best I can tell???



To: David Sirk who wrote (484)2/6/1999 5:42:00 PM
From: Chris J. Addison  Respond to of 915
 
David,
Oh, one other thing. I thought after the transaction ISSM will own 59 percent of Datapower and Datapower will own 59 percent of ISSM. So in return for the 3.68 mil shares of ISSM Datapower receives doesn't ISSM receive 59 percent ownership of Datapower???



To: David Sirk who wrote (484)3/4/1999 9:24:00 AM
From: Findit  Read Replies (1) | Respond to of 915
 
David its been a month since you last enlightened us on ISSM. What's your current opinion?

Jim


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