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Microcap & Penny Stocks : TASA. Can someone with KNOWLEDGE help!!!!

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To: Ralph Bergmann who wrote (181)2/19/1998 6:27:00 PM
From: Thomas Kirwin  Read Replies (2) of 601
 
Omen of Things to Come?

Ralph,

Nice post and link. Thanks!

A serious dilemma facing TASA is its failure to maintain a $1.00 share bid price. Could the sample press release shown below be a sign of what is in store for TASA?

Thursday February 19, 5:43 pm Eastern Time

Renaissance Entertain Sets Reverse Split

BOULDER, Colo, Feb 19 (Reuters) - Renaissance Entertainment Corp said on Thursday that its shareholders approved a one-for-five reverse split of the common stock and warrants, effective February 23.

The reverse split was implemented to the Nasdaq Stock Market's new $1.00 minimum bid price requirement, the company said.

biz.yahoo.com
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