InvestorsHub Logo
Followers 39
Posts 1954
Boards Moderated 0
Alias Born 12/18/2001

Re: Scrooge McDuck post# 1185

Saturday, 08/09/2003 6:03:22 PM

Saturday, August 09, 2003 6:03:22 PM

Post# of 7045
Scrooge:
I was told that .025 was the price of the stock at the time the S-8 was written. It only gives a value at that time, and really doesn't mean anything as far as the shares go and giving them to employees. The reason for it is stated here- This is from the S-8:
The Offering Price is used solely for purposes of estimating the registration fee pursuant to Rule 457(h) promulgated pursuant to the Securities Act of 1933.

Here is a post today from the ARSW board--just an update about the co:

Heard from the company today..

Said they are too busy to return calls during working hours, said they haven't posted any news because they haven't had any completed news to post and that they aren't the kind of company to post anything that isn't "real". Said that they will have something "real" to say very soon. I would hold your shares for a few more days fellas and see what these guys are up too.






Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.