SI
SI
discoversearch

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 : 1ST MIRACLE GROUP (MVEE), founders last co. went $0.20-$46

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Walter Morton who wrote (4967)1/25/2000 11:51:00 AM
From: jhild  Read Replies (2) of 5541
 
At these prices, they could buy all the shares back and go private.

Oh, Walter, that would require cash. Where are they getting that from. Printing all of these shares has been their cash hasn't it? Why would they buy shares back now after they have worked so hard to print so many shares? Looks to me like reverse splitting has some merit as it allows them to print more shares faster.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext