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


To: Joe Copia who wrote (78845)2/2/2001 12:01:04 PM
From: Aduke  Respond to of 150070
 
GLMC - yep, last runup by those who owned the shares. Should be fun the first few days when it comes to OTC BB.



To: Joe Copia who wrote (78845)2/5/2001 1:50:45 PM
From: Mudlogger  Read Replies (1) | Respond to of 150070
 
Most likely a reverse split for GLMC

CMGI has warrants to purchase 2 million shares at $3.60. Rose Glen capital has 5000 shares in a convertible debenture which currently can be converted to I believe up to 18 million shares at 7/16. The two deals represent approximately the same dollar figure.

The problem is trying to figure out if either of these arrangements will be split adjusted.

Also, the recent trading activity suggests that RGC is in debt to market makers, who can most easily be compensated with a split.