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Microcap & Penny Stocks : CCEE Breaking Out
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To: paulbk who wrote (6947)10/16/1997 12:53:00 PM
From: IncredibleHult   of 12454
 
Reading throught this 14A is not encouraging. I'm considering selling. I'll wait to see what MM's do with the price. Reverse splits are never good for shareholder value no matter what BOHEMIA says. I thought this paragraph was relevant.
The Board intends to examine this issue in light of all relevant
requirements for continued listing of the New Common Stock for trading on NASDAQ
as well as in consideration of all other relevant economic and market factors .
In determining which ratio to select, or whether to effect any reverse ratio,
the Board may consider the advice of financial advisors and factors deemed
relevant by the Board, which may include but not be limited to belief as to
future marketability and liquidity of the Common Stock, prevailing market
conditions, the likely effect on the market price of the Common Stock and other
relevant factors.
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