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Microcap & Penny Stocks : MPTVE - Turnaround With Huge Potential -- Ignore unavailable to you. Want to Upgrade?


To: Nliten who wrote (4909)6/29/1999 1:05:00 PM
From: DG Cruise  Read Replies (3) | Respond to of 5783
 
I tend to disagree, a reverse will hurt...
Regardless of the size, they will still be able to authorize more shares. IMO the company needs to prove itself viable and show something before they even consider a reverse..
A reverse will destroy any faith that the investors have left in MPTV.
Why not try a stock buy back, or just grow the company and show some revenue..
Any thoughts?
Regards
DG



To: Nliten who wrote (4909)6/29/1999 9:58:00 PM
From: snoopy  Read Replies (1) | Respond to of 5783
 
Nliten, Mr. Rodgers would be a good choice! LOL...

Maybe you could send me a PM and explain a little more about the effects a reverse split would have. I have always understood (maybe incorrectly) that every time a reverse split is done, the stock price drops and doesn't recover easily. I see that mentioned all the time. I'm still a little confused on this. If you get some time, maybe you could bring me up to speed on this? Thanks for the message!

Kirk :>)