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Gold/Mining/Energy : Pacific Galleon Resources
PFC 28.040.0%Mar 3 4:00 PM EST

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To: stevieD who wrote (412)11/28/1997 9:32:00 PM
From: John Korven  Read Replies (2) of 443
 
Steve

I am not sure if this is correct or not but I thought that a stock had to be over 10 cents to do a reverse split. If that is true we may be able to hold on a little longer, although 4 cents is a long way from 10. I too have never seen a reverse split work.
I would like to know if management is dumping their stock. As the rules go they don't have to report for 30 days.

John
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