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Microcap & Penny Stocks : E-Prime Aerospace (EPEA)

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To: DCRocketman who wrote (250)7/15/1998 2:56:00 PM
From: Richard  Read Replies (2) of 680
 
Hi DCRocketman and Welcome to the EPEA Following,
I do not precise figures of the stock float, but it is embedded in my
mine as a huge # of shares. A reverse split is in most cases a true
poison pill for the price of the stock, as I admit in most cases.
But with the very large float and starting like as the first of the year of around a cent per share and still now less than 4 cents per
share, not at this time, but at a later time I feel it is only realistic that there will be a reverse split in the future. Another
factor to remember is that CEO-Bob Davis holds most of the shares and
I do see him doing a reverse split that will shoot his own foot.
This could be one of the rare times that a reverse spit is not a poison pill for the stock in the end, if the reverse split does materialize in the future. EPEA Believer*Richard
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