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 : CCEE Breaking Out
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Gary Green who wrote (9595)3/16/1998 7:32:00 PM
From: Michael L   of 12454
 
<Second, the institutional investors have said there are too many shares issued for a company of this size, and therefore, they want the shares reduced.>
That's all well and good, but the company is also authorized to issue more shares with the reverse split. And if they go through with the new shares as they have been doing all along, we would be right back where we started with the float.
Of course everyone would own that many less shares, and who knows what the price would be.

Mike
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2026 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News