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Microcap & Penny Stocks : NICM (National Institute Companies of America)

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To: gdog who wrote (61)6/10/2000 10:43:00 PM
From: MicroKing   of 124
 
No, I don't think they will do a R/S. I do think as the company grows they will need more shares available for growth. There are several ways to achieve that:

1. A reverse-split
2. An increase in shares authorized via proxy (vote)

My comment about eyes wide open was about me. Recent events with "E" and "pinks caught me off guard. For me, some times expecting the worst is easier. Prior to April, I only saw great things. I never thought we would go below .50 a share, the appended "E" or pinks. Regardless of my opinion, I will always vote for what management supports. I think management will always do what's best in the long term for the company and shareholders. That is why I will not sell despite my recent disappointments of current events.

Greg
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