USA Technologies Message Board

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Microcap & Penny Stocks : USA Technologies

USAT 10.56

0.0%

Oct 31 5:00 PM EST

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To: Jon Siegal who wrote (220)	8/19/1998 3:47:00 PM
From: slvfx	Read Replies (1) of 359

Jon, We all Know that a reverse split would have adverse effect on all the shareholders however If the price does not get up to the nasdaq price level then we are not going to see a large enough demand on the 60 to 65 million shares. The other problem is going to be Earnings per share 0ver that many shares. If we could do a 25/1 split and get the price up to $6.00 a share. Minimum shares to show a High per share earnings. Don't encourage a split if we can't get nasdaq listed. Its gotta hurt. The other thing that we need is to know that our capitalization is complete. If it isn't then we need to incorporate it into the restructuring if possible.

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