IRAC - In TGL LIVE, I tried to warn and did silence the excessive hype a few times, but also realized many had bought it, and that makes it all the more difficult to mention the bad, I don't like to see TGLers lose!
But I did make the comparison many times to MTNA and their 1:100 Reverse Stock Split followed by a 1:950 R/S on 8-Nov-01, filings show Common Stock, $.001 par value
per share - 13,488,558 shares outstanding as of September 30, 2001;
divide that by 950 = 14,198.
So according to filings and recent events the shares out show 14,198. but has never traded under a million shares in December, and as high as 126,547,500 shares on Friday.
MTNA open high low close change volume
12/21/01 0.00 0.00 0.00 0.00 +0.00 126,547,500
12/20/01 0.00 0.00 0.00 0.00 -0.00 40,138,000
12/19/01 0.00 0.00 0.00 0.00 +0.00 63,319,700
12/18/01 0.00 0.00 0.00 0.00 +0.00 120,331,500
12/17/01 0.00 0.00 0.00 0.00 -0.00 18,180,900
12/14/01 0.00 0.00 0.00 0.00 +0.00 22,426,200
12/13/01 0.00 0.00 0.00 0.00 -0.00 43,052,300
12/12/01 0.00 0.00 0.00 0.00 -0.00 21,553,300
12/11/01 0.00 0.00 0.00 0.00 -0.00 17,185,200
12/10/01 0.00 0.00 0.00 0.00 -0.00 25,753,600
12/07/01 0.00 0.00 0.00 0.00 +0.00 3,318,100
12/06/01 0.01 0.01 0.00 0.00 -0.00 6,233,400
12/05/01 0.01 0.01 0.00 0.01 -0.00 3,716,400
12/04/01 0.01 0.01 0.01 0.01 -0.01 1,563,000
12/03/01 0.04 0.04 0.01 0.01 -0.03 2,182,300
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