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Microcap & Penny Stocks : SHOW (NASDAQ-regular)----Showscan Entertainment

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To: H-Man who wrote (50)7/21/1998 9:46:00 PM
From: W.F. Schwertley  Read Replies (1) of 95
 
H-Man,

You may be in error about about a RS taking a shareholder vote. According to another thread, a company does not have to get shareholder approval to do a reverse stock split because ownership % remains the same. The stock price goes up and the number of shares goes down but the total equity position remains the same.

Wish you were right, but I'm afraid I have to agree with the above,
WFS
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