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Microcap & Penny Stocks : ISGI ANYONE????

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To: Ben Geh who wrote (2568)9/15/1996 1:26:00 PM
From: Kenneth R. Moss   of 2665
 
TO ALL :
This is a post from the Stockman Forum:

Hello LeRoy

Here's another update from ISGI International Standards Group Ltd
said Friday that it filed an information statement with the Securities
and Exchange Commission to amend its certificate of ammendment to offer
up to a 1-for-15 reverse stock split of its common stock. The
reverse split will enable the company to restructure its capitalization
to reflect its operating growth and anticipated profitability.
The company also plans to change the company's name to Total World
Telecommunications Inc with the trading symbol of "TWTI" The company said
the action was taken to reflect its transformation to primarily a
telecommunications service. Closed price 09-13-96 @ 21/32

Best to all,
TEMTNG
Reply: Temtng, 90% of the times a reverse split brings the price down further.
How low do you think this can go? Remember CMAX (now MAXX) was at .45
and did a 1-30 reverse. The stock plummeted to about .05 after everything
was said and done (the readjusted price went from the equvalent of $17
to $3). MAXX was at $3 for a long time. It is now at $5. At $3/sh was
a great price. Could this be the same with TWTI?...LS
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