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Microcap & Penny Stocks : IVOC ( old VTPI ) -- Ignore unavailable to you. Want to Upgrade?

To: InOverMyHead who wrote (485)	6/15/1999 10:37:00 AM
From: SnakeInATuxedo	Read Replies (2) \| Respond to of 1041

>> I don't understand why people freak out about this << People "freak out" about this because it's usually perceived, and rightly so, as an act of financial desperation by a company. The instances in which a R/S has proven beneficial or, mostly, a non-event are few and far between. That's why. It appears we may have one of those few exceptions here.

To: InOverMyHead who wrote (485)	6/15/1999 2:50:00 PM
From: Todd White	Read Replies (1) \| Respond to of 1041

InOverMyHead, It would make a large difference if the number of authorized shares is reduced accordingly. Given your example of a 1:5 split reducing the outstanding shares from 100 mill to 20 mill, there would now be an extra 80 million shares that the company could issue. It is my belief that the number of authorized shares would also be reduced. As you mention, I don't think it is a big deal. Many weak hands dropping out now will make the next run more sustainable. LOL