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Microcap & Penny Stocks : NCLS Nucleus Holding Corporation
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To: ajd/mba who wrote (6)12/9/1998 4:53:00 PM
From: JohnO  Read Replies (1) of 58
 
Let me start this off by saying as a shareholder it is your responsibility to read all filings and releases and contact the company regularly. Especially when your investing in BB stocks.
I did have a phone conversation will JP and he told me the reverse was 1-7. If you read the PRES-14 it states that in 1997 AMGV had a 1-10 reverse. As this was never voted on to be changed prior to signing of merger any reverse split would be a 1-10. So when the lawyers got together to write this 80+ filing they saw this and so we had a 1-10 reverse.
As far as the #of OS I have no idea. I was told X amount and release said x amount so why don't you call Nucleus and find out for everybody and post the information you get? The number is on another post.
When I talked to Nucleus today Susan in JP's office stated the SEC is reviewing the merger and no proxies will be forth coming until review is finished.
Reviews by SEC are a normal event with mergers usually they just delay the scheduled closing date. Personally I would like to see meeting pushed back till after the holidays.
Your questions about the web site and Wal-Mart just give JP a call and get your answers first hand. I've already passed on what was told to me before.
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