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Microcap & Penny Stocks : The Real Micro-penny- Less then one penny!!

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To: Daniel Miller who wrote (820)7/28/1998 12:28:00 AM
From: TraderGreg   of 906
 
Reverse split is in the share holders favor I believe.

I would agree with that sentence if the word "new" were inserted in front of "shareholders". At 94 MM O/S with 100 MM authorized, unless there is a windfall profit that drops down from above, it leaves only 6 mm in shares for acquisitions. A reverse may be the only realistic option for the future, though it will be the kiss of death for current shareholders.

TG
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