HDST Headstrong Group Inc Message Board

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Microcap & Penny Stocks : HDST Headstrong Group Inc

HDST 0.00

Dec 20 4:00 PM EST

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To: TraderGreg who wrote (295)	6/17/1998 10:13:00 PM
From: FARRIS	Read Replies (1) of 389

Incorrect on both counts -- there need not be any vote to do a reverse split -- I already verified that. We could, as shareholders, force a proxy vote and remove the current board of directors, but we need to have a solid 51% of the shares voting behind us. I tried a little share count a while back on this thread and came up with a whopping million shares or so. The example I cited was not a reverse merger in reality -- some guys found something they wanted to buy, they pulled a 100:1 reverse and used the gained shares to buy the operation in China. A reverse merger is what is being planned for HDST -- new management and board and new company though they will keep the current operation going at least long enough to take advantage of the tax benefits.

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