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Microcap & Penny Stocks : International Internet (IINN)
IINN 0.830+0.4%Jan 23 9:30 AM EST

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To: Ernest Poe who wrote (267)1/29/1999 12:15:00 AM
From: IRVINESULLY  Read Replies (1) of 746
 
I have a question for all. And Please everyone correct me if I am wrong, but am seeing 700,000,000 shares, and about 150,000,000 in the float. So, though I own a fairly good chunk, how it this stock supposed to get to $1.00...And don't bash, cause trust me, I'd sleep very well at night if it did...Just questioning where everyone's projections are coming from?????

I too questioned the 100-1 split as another person also questioned. It is one thing to want liquidity...but that is just a little high. The only one I felt safe with that much outstanding shares was SFAD...And yes, I got a 9-bagger out of it, and missed a 13-bagger...but I also knew who I was speaking with when they told me about SFAD at under 2 cents, and knew what the future really holds for SFAD, so I didn't mind their large number of shares, especially knowing that a ton of it was restricted for two years.

All comments and views welcome

Anyone help me out here??

TIA

IRVINESULLY
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