Cerplex (cplx) 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.

Microcap & Penny Stocks : Cerplex (cplx)

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: David P. Richardson who wrote (6)	6/3/1997 5:15:00 PM
From: David P. Richardson	of 21

I may be a little slow on this one, however, it appears from reviewing the proxy for the June 10, 1997 stockholder's meeting (http://www.sec.gov/Archives/edgar/data/915870/0000892569-97-001533.txt) that Cerplex wants to authorize another 30,000,000 shares of stock. If this is the case, you can be sure the current stockholder's will see dilution of thier current interest upon Cerplex issuing shares. The current stock price may reflect this future expected activity, but I have my doubts. Anyone want to comment. I bailed out today taking a small loss in hopes of picking up shares after June 10. I still believe Cerplex is in a turnaround mode.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next