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Microcap & Penny Stocks : Here's a New Approach

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To: SellShort who wrote (451)	7/10/2000 10:17:25 AM
From: Patricia Meaney	Read Replies (1) of 654

I think it is important to note change in HTD shares since we have discussed this stock on this thread in the past. Effective today 7/10/00 ADR shares ratio has been changed from 1-5 to 1-25. As a result any shares you currently have should be divided by 5. The share price is now worth 5x's the amount. From the way the market is reacting it looks like they are viewing this as a reverse split even though it is not. The only change is that the ADR ratio has changed - there are no additional shares added to the ordinary shares.

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