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


To: DG Cruise who wrote (4910)6/29/1999 6:06:00 PM
From: sandy b  Read Replies (1) | Respond to of 5783
 
I think a reverse split at this point would be a big mistake too. IMHO what MPTV needs to do is lock things down with the JVP, announce the name of the JVP, complete the Phase 1 construction, start selling units and show that they can make $$$ at this business. Throughout all of this they need to set up a steady stream of positive PR. At this point they're going in the right direction. But I think they have to prove that they can run the business and make a profit.



To: DG Cruise who wrote (4910)6/30/1999 7:28:00 AM
From: Brady B.  Read Replies (2) | Respond to of 5783
 
I agree DG. I've experienced a couple of reverse splits and never came close to getting my money back (breaking even) in either case. One of the RS was at a price even lower than this.

You're right. Another reason to do a reverse is to allow the company to issue even more shares; shares they couldn't issue before the split.

Count me out if RS occurs.

bb



To: DG Cruise who wrote (4910)6/30/1999 11:58:00 AM
From: Nliten  Read Replies (1) | Respond to of 5783
 
If this is your belief then sell. Because you will see one! We agree to disagree.
No one should lose faith in mPTV they did wha tthey had to do to survive.
Last dump was for legal which is obvious. Reverse will come, decrease float, better multiples if you buy at these levels but,
you can bet on it and it does not bother me in the least. You seem to forget that they SURVIVED. In time good money will be made. That is all.