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


To: jas244 who wrote (591)6/25/1999 8:37:00 AM
From: Frank Brisebois  Respond to of 1041
 
James:

Again what kind of split? Foreward or reverse?

Frank



To: jas244 who wrote (591)6/25/1999 9:28:00 AM
From: BudLong  Read Replies (1) | Respond to of 1041
 
Here's my theory. Haven't received a similar document, but it appears
that this could be a 1:4 reverse split -- one CRI share for every 4 VTPI held as of the record date.

The fact that VTPI is mentioned rather than IVOC was the tip-off.

Bud



To: jas244 who wrote (591)6/25/1999 9:38:00 AM
From: InOverMyHead  Respond to of 1041
 
I thought the theory of the reverse split had been laid to rest. Numberous people including myself have called the company to ask them specifically about the split. I called just last week and was told that there are no intentions of IVOC doing a reverse split. This was just a rumor that was probably started by Michaelf Pickens. Let's just wait for the news and enjoy the ride.

I don't think we have to worry about a 'sell on the news' price drop since there hasn't been any runup.

IOMH