Global Intellicom--Symbol GBIT Message Board

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Microcap & Penny Stocks : Global Intellicom--Symbol GBIT

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To: PaulB who wrote (862)	9/28/1998 7:20:00 PM
From: Ron Harvey	Read Replies (1) of 1096

<<. . . and to get rid of some of the illegal short selling.>> How? I've asked others several times before, but no one will even venture a guess. I just don't see how this could possibly be accomplished before the mid-November open season on conversion, which would make the issue virtually moot anyway. Also, I'm still waiting for someone who's confident that a GBIT/IGHS merger will upset the conversion applecart to simply speculate how that could happen beyond (1) the dilution being a lower percentage of the total shares because there'd be more total shares or (2) a belief that GBIT's price would rise, thus causing fewer shares to be converted. Or is this it?

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