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Microcap & Penny Stocks : CRCP Carolco Pictures

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To: Richard Mazzarella who wrote (102)2/26/1999 7:24:00 PM
From: E. Taylor  Read Replies (1) of 137
 
(From: Richard Mazzarella Friday, Feb 26 1999 5:08PM ET
ET, I bought this dog just for the bet that the "ticker" was worth something. It's a lot easier and cheaper for a private company that wants to go public to buy an established company, cover current debt with pennies on the dollar, than start fresh.)

Hi Richard,
How would that help the shareholders in the long run. Wouldn't the new management be forced to do a reverse split to get some of these shares off the market? I would love to see this dog turn into a cat with nine lives. Once this company was a real independent dream machine. Who knows as long as it is still being traded there is hope.

Ernie

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