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Non-Tech : LCS Golf (LCSG) -- Ignore unavailable to you. Want to Upgrade?


To: CIMA who wrote (339)3/5/1999 1:33:00 PM
From: Alex SvS  Read Replies (1) | Respond to of 626
 
What time did you get it?

According to their financial web site,
lcsgolf.com

Ticker symbol: "LCSG" – OTC Bulletin Board
52 week trading range – $ .125 – $ 1.80
Shares outstanding: 6.2mm fully diluted
Float: 3.1 mm shares
# of market makers - 11

But this stockhouse report has figures of 9.5 million outstanding and 4.2 million float.

The company is still tiny relative to its potential, IMO, but I'm calling the co right now to clarify and ask them to correct web site if need be.

Alex



To: CIMA who wrote (339)3/5/1999 6:47:00 PM
From: Alex SvS  Read Replies (1) | Respond to of 626
 
I just got a clarification on shares outstanding and float:

The float is still roughly 3.2 million
Original 200,000 + 3 million from exercised warrants

The 6.2 million outstanding in our report on smallcapforum.com was off. It was from the figure at golfuniverse.com, but that was not updated to include Mister B III acquisition, Play Golf Now Acquisition, Golf Promo acquisition, and fee to Joe Namath to be spokesman.

For all these acquisitions and Joe Namath, the company had to give up 1.9-2 million restricted shares. That's a huge potential revenue stream for very little paper, IMO.

Anyway, that ups the outstanding shares to a little over 8 million. Maybe 8.2 million. Float is still 3.2 million.