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Microcap & Penny Stocks : Rocky Mountain Int'l (OTC:RMIL former OTC:OVIS)
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To: Riley G who wrote (47868)6/10/1998 2:15:00 PM
From: Just My Opinion  Read Replies (2) of 55532
 
Riley: I have often wondered about that.
What happens if a company says they will offer new stock (a new class entirely, cancelling the old common) to people, but only to people with certificated shares. And have a time period, say six months, after which, the old shares will not be honored.
Can they do that?
TIA
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