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Microcap & Penny Stocks : MKII

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To: Zbyte who wrote (622)1/22/1999 10:39:00 PM
From: Dilbert  Read Replies (1) of 834
 
Yeah, they screwed up,this is schedule...
The 1-50 R/S occurred as stated by OTCBB:
otcbb.com
Because Mark I didn't figure out the blunder, OTCBB could not do an additional 1-2 R/S until next Tuesday Jan.26:
"To correct this error, the NASD will process a 1 for 2 reverse split of the company's common stock to be effective the opening of trading in on January 26, 1999."
What this means is a trading day Monday of (1-50 R/S) MKIID,
Then we should see a new OTCBB daily list entry:
(this link won't work until later on Monday)
otcbb.com
That will complete the 1-100 R/S that they intended..
But don't ask me what the symbol will be??
As to whether anyone will actually be able to trade Monday or Tuesday is anyone's guess. It is possible that these guys actually thought that they knew what they were doing???
Well if they do survive, guess what happens to the ones that buy shares at what will be very low prices next week...this is wild stuff.
Don't know whether to laugh or cry?? .....Dilbert
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