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Microcap & Penny Stocks : Consoldated Capital Of North America (CDNO)
CDNO 0.00200-16.7%Nov 25 1:54 PM EST

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To: Joe Copia who wrote (449)7/21/1999 11:05:00 AM
From: InOverMyHead  Read Replies (3) of 1078
 
Joe,

I just looked on the RB thread and there is a rumor going on that CDNO is planning a 30-1 reverse split.

I just called the company and found out that no such issue has been brought forth and/or being considered.

O/S = 60,000,000
Float = 51,000,000

Financials will be posted by Aug. 15th. The company is currently working on their refinancing plan and will issue a PR once that is completed. It sounds as if that should be within a week or so.

IOMH
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