ORIOLE SYSTEMS (OOL:VSE) Message Board

STOCKTALK

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.

Gold/Mining/Energy : ORIOLE SYSTEMS (OOL:VSE)

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Don Johnstone who wrote (429)	7/8/1999 11:37:00 AM
From: Don Johnstone	Read Replies (1) of 605

<<merger of OrioleSystems.com with and into a corporation currently trading on the U.S. OTC bulletin board>> That's what the press release said. So, it looks to me that this unnamed OTC:BB stock will be 'merged' with OrioleSystems.com, and be called something, it isn't stated, likely 'OrioleSystems.com'. We OOL shareholders own OrioleSystems.com in some share/share proportion, I know not what, perhaps 1/1. So if things work out real simple we could ultimately get 1 new share of OrioleSystems.com for each OOL share we now have. These new shares would trade on the OTC:BB. So it could be goodbye Vancouver Stock Exchange, hello OTC:BB in the USofA. Maybe. If its a simple 1/1 exchange! But they must have some conversion in mind! To have two separate stocks, one on the VSE and one on the OTC:BB looks messy/stupid to me, if the intention is to have them there for any longer than is necessary to effect the conversion and transfer. Cheers, Don

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next