SI
SI
discoversearch

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.
Technology Stocks : Fonix:Voice Recognition Product (FONX)

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: CareyM who wrote (3104)7/20/2001 1:05:44 PM
From: Hunter Trout  Read Replies (1) of 3347
 
<<All FONIX,
Any thoughts/discussion on the 500,000,000 share
authorization vote would be greatly appreciated. >>

To me this appears to be almost equivalent to a 1-for-2 reverse split. The chief distinction I see is an increase rather than a decrease in dilution. The recent price drift from the mid-.40s to the current low .20s seems to reflect this. How it benefits the long-term shareholder truly eludes me. Perhaps Sister Mary could explain it all to us.

HT
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext