SCMI -- rockin and rollin, company has big expectations Message Board

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Microcap & Penny Stocks : SCMI -- rockin and rollin, company has big expectations

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To: gordski who wrote (424)	3/15/1999 5:24:00 PM
From: DrStocks14	of 546

Just some technical background... When a private company wants to go public without the expense of Investment Bankers and underwriters it will merge with a public "shell" (for an example look at: AONE)... In the Hitsgalore.com case the private company, HITS, merged with a company that was more than just a "shell", therefore, the companys will be split again after the merger by way of distributing shares in the healthcare company as a special dividend. After which, both companies will be publicly traded. Its nothing suspect, it occurs all the time. The Doc

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