Corporate Vision (CVIA) Message Board

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Microcap & Penny Stocks : Corporate Vision (CVIA)

CVIA 0.480

0.0%

Jun 30 5:00 PM EST

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To: Brad who wrote (3430)	4/14/1998 2:22:00 PM
From: TraderGreg	Read Replies (1) of 6654

Yeah, the total authorized is reduced to 50 million. How nice of them.If the reverse was just to get the price up, why wasn't the authorized reduced by the factor of the split? Rhetorical. Because the cos that do this ridiculous level of split typically start dumping shares into the float immediately afterwards. They will be reducing the shares to what 390,000. That number has license to dilute written all over it. I can't believe they did this level of split at these prices. TG

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