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Microcap & Penny Stocks : Saliva Diagnostics (SALV)
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To: Shadow who wrote (2039)2/6/1998 12:05:00 AM
From: Bruce Rozenblit  Read Replies (1) of 3369
 
I really want to vote no on the split and agree with the last 200 or 300 posts. We are definitely getting jerked around big time. But what happens to us if NASDAQ delists the stock. Our liquidity will vanish.

It seems like every 2 or 3 months, this thing starts to move on good news and the BOD floods the market with new stock, pushing the price down.

Is there a way with the power of the internet, we can muster enough votes, force a proxy, to cut the salary of the CEO and other execs to a level commensurate with the stocks performance, like say $50 to $75 grand.

I run my own small manufacturing business, and if I don't have the money to do something, I don't do it. These guys just sell more shares.

The capitalization of the company is now about 8 million total. It would seem that not much money could gain control of the whole company by being the largest share holder.

Is there a way for individual share holders to combine their holdings into one voting block to gain control. People banding together to form some kind of a corporation to take over the company. Can we assign our shares to some entity without selling them to gain control.

It is obvious to me that SALV has a tremendous product but they run the company like a 3 year old in a candy store. What's money for daddy?

What do we have to lose? Our money is essentially gone. If we don't save the company from management, we will lose everything.
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