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Microcap & Penny Stocks : KLOC: wishing on a star
KLOC 0.00Oct 4 5:00 PM EST
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To: c. w. oakes who wrote (424)12/30/1997 9:18:00 PM
From: Mark Ambrose  Read Replies (1) of 581
 
<< In a few years another reverse split will be in order. IMHO >>

I agree, but it might be sooner than "In a few years."

Or how about a secondary offering of more units, common, warrants,
or some preferred stock, or (repeating a deal of a few years ago)
issue some convertible debentures.
Maybe a "private placement" of some new (restricted) shares.
Perhaps restructure some debt by granting some concessions
to some bank or other institution.

Isn't NASDAQ supposed to "tighten-up" the requirements
for a stock to be listed on their small-cap,
and National Market System (NMS) ?

I wonder, will KLOC still qualify for NMS listing?

All of the above is IMHO.
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