Daytrading Canadian stocks in Realtime Message Board

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Gold/Mining/Energy : Daytrading Canadian stocks in Realtime

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To: ChainSaw who wrote (6448)	4/10/1999 7:12:00 PM
From: the Chief	Read Replies (2) of 62347

You can't do it that way!!<ggg> for CDPlus to hold 90% of the shares they have to issue the equivalent of 90%, which is about 180,000,000 shares, then probably do a 1 for 10 reverse split, which would result in 18,000,000 shres O/S and you with 10 x fewer shares!! That or they will offer 10 for 1 on existing shares, reducing the full dillution to 2,200,000 then issue out 18,000,000 to CDPlus!! Same results! In both circumstances .50c is way undevalued...in the case f a 10 for 1 that would make the stock elligble for NASDAQ small cap, if we could get it to $7.50 the Chief

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