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Microcap & Penny Stocks : CCEE YEAR 2000 CO.

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To: Thomas Stanton who wrote (177)11/24/1997 7:27:00 AM
From: Dr. Moze  Read Replies (1) of 202
 
umm, I think we misconnected here! The "split" I referred to in this post is the divvying up of revenues generated by dbExpress between BT and CCC. CCC provides the technical capability, BT incorporates it in their services and has the customer base, so they "split" the resulting revenues.

As for your question, I agree strongly here. The reverse split may be only a safety net. If deals and revenues are growing, there *should* not be a need for a rev. split. I like to stay optimistic and realize that it is likely (as stated in the proxy form, etc.) that there were no signed deals at the time of the pre-proxy issue. Thus, it doesn't hurt to have a back-up plan to ensure a continued NASDAQ listing and (by authorizing more shares) ensure that sources of capital would be available to keep things afloat.

I then *hope* that a big dbExpress deal or 2, combined with Softworks' growing revenues, would make all of these proxy issues moot, whether they pass or not. Methinks the Dannys may be smart enough to see that they willprofit most (personally) if the company is successful. I'm a-hopin'!
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