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To: Zeev Hed who wrote (29549)5/31/1999 12:06:00 AM
From: Suzanne Newsome  Read Replies (1) | Respond to of 44908
 
Zeev, I believe the company was reporting 80 million outstanding on the 10Q when someone (Sword?) quoted the Transfer Agent as saying the shares were about 93 million. What should we conclude? An error? A lie? Or perhaps what the SEC requires the company to report on its documents refers to something other than what the Transfer Agent is referring to. In the last 10 days I have posted quoting Paul Henry that R. Gordon still owns approximately 14 million shares. Note that the company does not consider the 17 million shares escrowed for the PP to be outstanding. This confusion may be due to the difference between "issued" and "outstanding." I defer to your greater knowledge on this subject, and would be open to any suggestions you have to help us keep a better tab on shares. Regards, Suzanne