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To: JGreg who wrote (50793)9/9/1999 6:59:00 PM
From: Think4Yourself  Respond to of 95453
 
I believe it has to go/stay above 1 as one of the minimum listing requirements. They may be forced to do a reverse split.



To: JGreg who wrote (50793)9/9/1999 7:16:00 PM
From: SargeK  Respond to of 95453
 
Listing/Trading,

Since the banks are willing to trade debt for equity and are putting up $60mil for the restructuring, they can damn well bid the stock price to anywhere they want it to be. A million bucks at this juncture (which is peanuts to the banks) would move the stock in quantum leaps. Can you imagine the bankers doing this deal on a stock issue with no market? It's a rhetorical question.

K


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