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Microcap & Penny Stocks : ADOT - BIOMODA: Profitable Technology with Purpose

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To: Dilbert who wrote (2473)1/27/1999 11:28:00 AM
From: JOHN WHITE  Read Replies (5) of 4650
 
Hi Dilbert, The idea of a reverse split is doubtful. With only 16 million shares outstanding a 10/1 reverse would make this stock less tradable leaving it at 1.6 million out'. It also would be so far from meeting the criteria of a $4. min. for NASDAQ listing it would serve no useful purpose.
As for the low bids you refer to these low type bids are ALWAYS present by MMs that aren't in the hunt and are sitting on the sidelines.

Thanks for your interest ..... however your rumors are most likely that,

John
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