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Microcap & Penny Stocks : CCEE Breaking Out

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To: Pugs who wrote (7035)10/17/1997 1:12:00 PM
From: Dr. Moze   of 12454
 
Pugs,

Any thoughts (yours or your contacts') on the authorization of 150M additional shares (to double the existing auth sh) as being part of a "poison pill" strategy to avoid a hostile takeover, given the company's relatively small market cap?

They could be just watching their own butts by doing this. Does that make sense? Wondering...
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