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Microcap & Penny Stocks : ARET (Formerly KLHE)
ARET 0.00010000.0%Nov 5 1:03 PM EST
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To: Czarkea Ethal who wrote (3965)4/15/1998 12:11:00 PM
From: (Bob) Zumbrunnen  Read Replies (2) of 4594
 
I don't think that would be a good idea. The one thing we really don't need is the people who are actually running the show having any more of a grudge against the real shareholders. Delmar owns relatively little of this company now, and it wouldn't cost him anything to run it into the ground if he were so inclined. In any event, it'd hurt us more than him.

And I'm not saying that a reverse split is definitely a good idea. It is my opinion that it is, but I haven't heard dissenting views, and could easily have my thinking swayed on that issue.

My reasoning is that doing a reverse split now would be much like when you scrape a large hunk of skin off when working on a car. You always peel the rest of the skin away while it already hurts like heck and is slightly numb because you know if you wait until later, it'll hurt a lot more.

I'm punch drunk now. Hit me again now instead of later when I'm feeling better.

I don't think the shareholders should force the issue, though. If most of us feel that a reverse split should be done right now, it'd be best to congenially try to convince Delmar. It might be possible to get him to agree to it, and, miracle of miracles, follow through on it. After all, I doubt it'd soak up too much of that $188. <g>
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