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To: Corporate Communications Group who wrote (3)6/2/1999 2:12:00 PM
From: Ted M  Read Replies (1) | Respond to of 115
 
Corporate Communications Group, please verify the correct number of shares authorized and issued. You posted in #3 15 mill issued and 6 million in float. The business plan I received recently shows 15 million authorized and 5.7 million issued, and doesn't indicated the amount in the public float (I think). Please clarify this issue. Thanks, Ted



To: Corporate Communications Group who wrote (3)6/19/1999 11:46:00 AM
From: Ted M  Read Replies (1) | Respond to of 115
 
Regarding shares issued, outstanding, and in float:

I spoke with someone at Sedona yesterday and he confirmed the numbers in the 3rd post:

Authorized: 25 million
Outstanding: 16 million
Float: 5 1/2 million

The 5 1/2 includes some large blocks and it is estimated that at this time the 'free trading' float is around 1 1/2 million. These numbers override numbers in the investors package

Ted



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