International Internet (IINN) Message Board

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Microcap & Penny Stocks : International Internet (IINN)

IINN 1.025

-0.2%

11:42 AM EST

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To: CatLady who wrote (31)	7/29/1998 8:22:00 PM
From: EL KABONG!!!	Read Replies (1) of 746

CatLady, Maybe my understanding of splits is incorrect. In regular 2 for 1 split you end up with twice as many shares at half the price. In a reverse 2 for 1 split, you end up with half as many shares at twice the price. In the forward split they described you would end up with 100x shares at 1/100 the price. Oh, wait a minute. I didn't read that press release correctly. They're just doing a regular split at 100 to 1. You're right. That is strange for a BB stock to increase the float in that manner. Doesn't that guarantee that they can't be listed now (price per share way too low)? I did find the Hawke Group. They represent some other OTC-BB stocks. The ones I remember them from were MobileVest and Silver Star. KJC

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