Silicon Investor (SI) -- The First Internet Community

STOCKTALK

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 : DVID -- Ignore unavailable to you. Want to Upgrade?

To: Skywatcher who wrote (121)	8/13/1999 5:27:00 PM
From: valuehunter	Read Replies (1) \| Respond to of 149

My understanding from the news release before this one is that DVID HAD!!! to be trading @ at least $1 by 8/16/99 and remain so for 10 days to avoid delisting. We didn't despite the good last minute developments. The reverse split is already authorized & "in place" for an announcement on Monday. We are all screwed (especially warrant holders).

To: Skywatcher who wrote (121)	8/15/1999 1:31:00 PM
From: John Anderfuren	Read Replies (2) \| Respond to of 149

From past experience reverse splits can be great net day as the out of the gate price is very low due to the general neg feelings that a reverse spit generates. Which is the same group that cheers for normal splits. Neither have any actual effect on ownership %. I expect the warrants to remain, but as fractionals based on the rev-split % used. This would also be a good time to have the warrants upgraded by keeping them on a 1 to 1 for the new shares. Warrants do little good to a company until they can be called and generate an equity investment. I look at the reverse as an opportunity.