IECS- NASDAQ $0.50 stock won prestigious OIL and Gas... Message Board

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Microcap & Penny Stocks : IECS- NASDAQ $0.50 stock won prestigious OIL and Gas...

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To: Bobby Yellin who wrote (467)	5/10/1998 12:37:00 AM
From: JOHN SAMSEL	Read Replies (2) of 747

Bobby, I guess we will. But I would like some assurances from the company . It seems that the price would have gone up even without the reverse split with all the good new releases. So what was the value of the reverse split if not to dilute with equity financing again? But the letter from Kolbe said that the value of the reverse split to the shareholders would "have a favorable affect on our future price earning ration." If he intended to equity finance through stock dilution after the split then this would not be true. So if I take him at his word , he does not intend to further dilute the shares with equity financing. How do you read that? John

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