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Microcap & Penny Stocks : JNNE - Jones Naughton Profits Via Mass Market Retailers

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To: Jeff L. Payne who wrote (3228)2/10/1999 1:31:00 PM
From: Ritchmc  Read Replies (1) of 4624
 
ANFS did raise about $14 million with this move, although they really screwed the stockholders who thought they had a $4 stock. Maybe they wanted to screw JNNE, although JNNE will settle for cash, not stock I am sure. Why would ANFS do this, lower the value of their stock by 75%? Strange move to say the least.
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