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Gold/Mining/Energy : Global Thermoelectric - SOFC Fuel cells (GLE:TSE) -- Ignore unavailable to you. Want to Upgrade?

To: Stephen O who wrote (684)	4/18/1999 12:50:00 PM
From: Buckey	Respond to of 6016

Yes - this company is already profitable - a huge advantage over many other company with burgeoning technology and possible huge revenues long term. Most of those inuts are huge losers

To: Stephen O who wrote (684)	4/18/1999 1:09:00 PM
From: marcos	Read Replies (3) \| Respond to of 6016

sedar.com The fine print ... I found the quarterly financials print out nice, but they don't give any idea of share structure and i think as a general rule they should. From the Aug 11/98 'Management Proxy' 49k pdf file - "As of July 31/98 15,961,581 common outstanding [of which Foundation Equity had 6,019,151 or 38%] and 617,000 Series 1 Preferred" ... adding the 3,333,333 from the warrants makes it 19,294,914 out today [?] - is that correct? .... and did Foundation Equity take 38% of the warrants, retaining their percentage, or a higher or lower percentage, anybody know? And have there been any other warrant or option exercises, or other share issues for any reason? Foundation is held by Brown 12.8%, McBride 14.8%, Howard 18.5%. For rough figuring i'll use 19.3mil out until told otherwise. Subtracting FE's 6mil leaves 13.3 as a concept that they call on the otc-bb [heh heh] 'the float' [likely a valid concept in this case, imho] ... well, we traded over half of that on Friday - chart.canada-stockwatch.com