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Microcap & Penny Stocks : ITEC classic turnaround with Internet twist
ITEC 0.00010000.0%Mar 6 3:00 PM EST

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To: Mahatmabenfoo who wrote (424)4/29/2000 2:33:00 PM
From: Gaurav Khanna  Read Replies (2) of 431
 
everyone...

I got the annual report and proxy statement from ITEC today... they want us to approve yet another reverse stock split... I'm still holding the bag from the prevous 5 for 1 reverse stock split a couple of years ago...now they want our approval for another 1 or 2 UP TO 1 FOR 6 reverse split... I can see how the company needs this to happen... but what this will mean is that my stock will have to go to $30 a share (if the 6 for 1 split is approved) for me to even come close to breaking even....

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