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Non-Tech : J.B. Oxford -- Ignore unavailable to you. Want to Upgrade?


To: Sir Auric Goldfinger who wrote (1986)4/30/1999 12:28:00 AM
From: Paul Viapiano  Read Replies (2) | Respond to of 2220
 
Geez, I thought I didn't have to deal with guys like this after I left high school...oh well, every thread has one.

His obsession with things gold (have you read his profile) gives me the impression of an old hardened coot who's waiting for the price of gold to come back.

Goldfinger is an old gold bug who is just so upset that his beloved gold stocks have been wallowing while the brave new world passes him by, while JBOH today sits at a price that is almost 300% higher than where I bought it several months ago.

G'day mate...



To: Sir Auric Goldfinger who wrote (1986)4/30/1999 1:05:00 AM
From: WebDrone  Respond to of 2220
 
Auric- they are granting options on 1.5 million JBOH shares.

I'm pleased the conversion price is $1.31. Being short, it tells me these guys are short-term. If it was $7.50, that would give management an incentive to fly the company right.

Jarratt gets 800,000 shares. $10.4Million
Lewis gets 750,000 shares. $9.75Million

That's 1.55 Million shares, eventually.

The Float is 6.9 Million, out of 14.7 Million Outstanding.

I assume these shares come out of the Shares Outstanding, right? They wouldn't just create 1.5Million shares out of thin air. ( Shareholders would have to vote to increase number of shares before that could happen.)

I'm a techno, not an accountant. Somebody help me out here.

Anyway, those 1.55 million shares are 22% of the float!

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