TGL WHAAAAAAAT! Alerts, thoughts, discussion. Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Microcap & Penny Stocks : TGL WHAAAAAAAT! Alerts, thoughts, discussion.

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Jim Bishop who wrote (103662)	4/19/2002 10:48:51 PM
From: LANCE B	Read Replies (1) of 150070

IVIP-WONDER IF EVERYONE WHO WAS BUYING THIS STOCK KNEW THERE WAS A 1 FOR 20 REVERSE SPLIT COMING Internet VIP, Inc. (IVIP: .10) announced a major re- organization of the Company intended to enhance shareholder value. IVIP has entered into an agreement with Newtech Group International, Inc. of Blainville, Quebec. The agreement calls for the Company to spin-off the telecom business into a new corporation, reverse split its current common shares on a basis of 1:20, purchase a license and rights to various products from Newtech in exchange for common stock of IVIP, and turn over control of the Company to senior management of Newtech to administer and profit from the newly acquired assets. The closing of the contract is subject to obtaining the requisite approvals and completion of regulatory filings. IVIP actually closed in the green, with .036 (56%) gains. Volume was 852,300.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next