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Microcap & Penny Stocks : TGL WHAAAAAAAT! Alerts, thoughts, discussion. -- Ignore unavailable to you. Want to Upgrade?


To: Jim Bishop who wrote (61434)9/1/2000 8:37:42 AM
From: myturn  Respond to of 150070
 
RNWR, I was told by someone that the Authorize was 20 million and they were talking about increasing it to 50 or even 100 million for the purposes of doing a forward split and they were targeting some acquistions and we may be hearing some news on this as early as next week.

I bought some myself yesterday on the rumor of a forward split. I will be calling the company this morning to see if they can give us any insight as to the possibility of a forward split.

It is inevitable that they need to do a forward split to bring some liquidity into the stock and do some acquisitions.