MultiCorp International Inc (MCIC)

[Mugsy5]

This is from 2004.
By: mugsy9
06 Dec 2004, 02:19 PM EST
Msg. 12194 of 67598
Jump to msg. #
ed-edd-eddy0, Just got off the phone with Dan Burgess and I must say I'm impressed. The cvompany IS NOT, I repeat IS not dumping shares into the market. The current O/S shares are 20 billion and the float right around the same. The A/S shares is 100 billion 2 million. When the roll up is done, there will be approx. 55 to 60 billion O/S.. Rememebr the pps of some of these deals will be higher than the present pps... Anyway, he wants people to remember they only have been running the company for a few months and it takes time. As far as restricted shares. One year before they can be sold and can only sell 1% to 5% per quarter. That's after the proper paper work has been filed, which could take up to another year. So figure 1 rto 2 years on restricted. After talking with Dan on this and other topics concerning the company, I believe we are in great hands. eom