Floorless Preferred Stock/Debenture Message Board

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Strategies & Market Trends : Floorless Preferred Stock/Debenture

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To: RockyBalboa who wrote (359)	3/22/1999 5:08:00 PM
From: Dr. John M. de Castro	Read Replies (2) of 1438

I thoroughly expect that every effort will be made to pump VRGN over a buck to maintain NASDAQ listing without having to execute a reverse split. Then the shorting should begin in earnest. But, if that can't be done, then after the reverse split the fun will begin. >I like "The investors have the right to receive additional shares of stock in the event their rate of return is below approximately 20%." " Does that apply to common shareholders, too <g>."> I'm appalled. Doesn't your broker give you this assurance also :-) John de C

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