TREV (IMGX - Network Imaging, by another name) Message Board

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Technology Stocks : TREV (IMGX - Network Imaging, by another name)

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To: John T. Hardee who wrote (62)	12/10/1998 5:23:00 PM
From: Michael Sphar	Read Replies (1) of 108

Not to put too fine of a point on it but... this reverse split crap certainly sucks so far! The float was 33 mill and divide by 4 is now 8.4 but somehow someone counts it as 12 mill. that's a slight 50% dilution and the stock price shows it, slipping to less that .44 per share under the old reckoning. Looks like its heading for wallpaper status, keep them handiwipes handy. If these boys had put half the energy they have expended on stock restructurings and refinancing deals, into pushing the company forward and generating sales, heck this might even be more than a penny stock. Not that I'm bitter mind you...

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