Nanopierce Technologies (NPCT)

[Phil(Hot Rod Chevy)]

Kathy,

Since NanoPierce is looking to do more expansion and has been receiving offers of Industry funding for that purpose they need to have enough authorized stock to be able to take a block of stock and use it for a funding. If they did not have enough stock authorized and had to give up a significant portion of the remaining shares it would leave the company either unable to accept a funding that required more than the available authorized shares and if they have more authorized they would be able to take a funding without giving the company away. Just because they have increased the authorized it does not mean they will issue all of those shares.

Yeah, right.


So we are back to my original post to this thread.

I doubt that without borrowing more money or issuing more stock(thereby causing further dilution) they will make it past 3/31/02.

http://www.investorshub.com/boards/read_msg.asp?message_id=278478

Have fun,
Phil