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Microcap & Penny Stocks : SFDA....Stratford

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To: Thomas Kundrat who wrote (54)4/22/1997 10:56:00 PM
From: mark s   of 75
 
Thomas,
I haven't heard of the recall of stock, but I did hear of the possibility of an additional stock offering. The funds from this sale would likely be used for operating or capital expenses, which are needed until a positive cash flow is established. The number of proposed shares was 2 million. This would dilute the E/P/S by about 20% when revenues are realized, but considering the undervalued stock price and the stocks potential, I'm not too concerned.
Mark S
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