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Microcap & Penny Stocks : GENROCO: OTC:BB GRCI

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To: Savant who wrote (97)6/29/2000 12:45:00 PM
From: Carl Wysocki  Read Replies (1) of 124
 
It'll be interesting to see how this plays out. The volume today must be at least that of the last many months combined.

My eyes glazed over when I read the offering document, but it sounded like the value of the spin-off shares is 9 cents, so a 4 for 1 would give us a 2 cent stock. The MMs will love the spread on this one. If I'm not mistaken, this dividend is taxable, so I don't want a lot of value assigned to it initially.
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