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Strategies & Market Trends : Anthony @ Equity Investigations, Dear Anthony, -- Ignore unavailable to you. Want to Upgrade?

To: Rube who wrote (11554)	2/16/1999 11:55:00 AM
From: Steve Chen	Respond to of 122088

SHOE: another SATH. Perfect short sell.

To: Rube who wrote (11554)	2/16/1999 12:09:00 PM
From: Nazbuster	Respond to of 122088

MTEX - Network marketing of nutritional stuff... Only news I can find is SEC filing: In addition, during May and June 1997 the Company issued 2,027,571 shares of Common Stock in consideration for the cancellation of incentive compensation agreements with two shareholder-employees and four other employees of the Company, including 626,971 shares issued to cancel incentive compensation agreements that had been provided in lieu of ownership interests in the limited partnerships. See Note 9 to the Financial Statements. The net effect of the foregoing transactions was to increase the number of shares of Common Stock outstanding by 12,027,571, while retaining substantially the same relative ownership of the Company among the Company's original shareholders. See "Management's Discussion and Analysis of Financial Condition and Results of Operations," "Certain Transactions-Partnership Transactions" and "-Incentive Compensation Agreements." Restrictions on Transfer of Common Stock: No transfer of the Common Stock is permitted, except to Associates or employees of the Company or by descent, devise or gift to immediate family members. This restriction on transfer ceases to apply upon the later of (i) two years from the date of the last closing relating to the shares of Common Stock offered hereby or (ii) 90 days after the completion of a subsequent public offering resulting in the listing of the Common Stock on a registered national securities exchange. If NASDAQ qualifies the latter, insiders can start selling 90 days after MTEX showed up on NASDAQ, othewise not until May/June 1999, 2 years after the stock was issued. I don't see any news which is driving it up today... Looks like a short, but I'm driving blind...