SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Microcap & Penny Stocks : AGRS -AGRISTAR INC
AGRS 0.010000.0%Mar 7 3:00 PM EST

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: LANCE B who wrote (51)5/19/1999 7:01:00 PM
From: Joseph Waligore  Read Replies (1) of 684
 
Worries over number of shares. Post #40 has a copy of a document saying that management will do a reverse split so that current 50 million shares will be recalculated to 500,000. But then management will issue 5.4 million new restricted shares to select-shopper.com for the acquisition. In effect, this reverse split will be increasing the current number of shares over ten times. So instead of having a company currently with 50 million shares, we have one with almost 600 million current shares. Do I have this right?
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext