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Microcap & Penny Stocks : Dollar and Under Sleeper Stocks

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To: ghostme who wrote (4119)	1/27/1998 6:07:00 AM
From: Just-a-thought	Read Replies (1) of 8835

'Floating Casino'? >>>HOUSTON--(BUSINESS WIRE)--Aug. 22, 1997--Riviera International Casinos Inc. (formerly LumaNet Corp. OTCBB: LUMA) announced today a stock symbol change to RICI. The new cusip number of 769633 10 8 trades RICI on the Over The Counter Bulletin Board effective immediately. Riviera International Casinos Inc. also announced that the common stock has been reverse split on the basis of one share for every ten shares previously outstanding. The 1 for 10 reverse split is effective Aug. 22, 1997. The Riviera International Board of Directors and holders of a majority of Riviera common stock approved the reverse split. Learn more by contacting Riviera International Casinos Inc. at 1701 Brun, Suite 100 Houston, Texas 77019 Tel: 713/520-6416 Fax: 713/520-6512. <<<<< Since the reverse spilt and the symbol change the stock continued to tank.(typical) They changed the symbol again, to ICVI..(3rd symbol in 4 months) It continued to slide to 2.5 cents.... and volume dried up..... Friday the volume (WITH NO HYPE ON SI or AOL) soared to 1.4 MIL...(up 1 cent) Monday, over 800k (up 1 cent) big move last 15 minutes... Their 'gig' is floating 'Casinos', day trips........To my knowledge they don't even have a boat yet......! The volume on friday and monday could be nothing....just day trading.... on the other hand, someone could have some inside info...... I'm not in love with this one, but, I think i'll have a couple of dates with it..... Just-A-Thought

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