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Microcap & Penny Stocks : OWLD OneWorld Systems -- Ignore unavailable to you. Want to Upgrade?


To: Mr Metals who wrote (1530)3/4/1999 9:55:00 AM
From: Triffin  Respond to of 1648
 
OWLD......

has according to Yahoo 17 mm shs out...then add per
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In a private placement, the company is selling 620,000 Units at a cost of approximately $16.30 per
unit. Each Unit consists of 13 shares of newly issued and unregistered Common Stock, and 5 shares
of newly issued and unregistered Series A Preferred Stock. Each share of Series A Preferred Stock
is convertible into 10 shares of the Company's Common Stock. The transaction is expected to close
in the next few days upon the routine exchange of final documents.

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each unit consists of 13 shs + 50 shs from conversion of prfd
or 63 new shs per unit or 37.8 mm new shs..ave cost of 0.258
cents per share...total fully diluted shs 54.8 mm

Jim in CT.. don't pay too much