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Microcap & Penny Stocks : RMIL - The Swaysayers -- Ignore unavailable to you. Want to Upgrade?

To: lavalamp who wrote (69)	10/31/1997 5:19:00 PM
From: Kurt N	Respond to of 95

I keep track of ALL of my investments weekly, sometimes more often. As a result of that you would think that anybody that has been in the stock that long, would know: a) a reverse split has happened, b) what the impact of that is (if they didn't know, they would learn), c) knowing the impact (ie. if they owned 30000 shares at $.10 and it was a 30-1 reverse split, they would own 1000 shares at $3.00), d) you would have had several months to digest the fact that you own 1000 shares. In short, I think the pre-revese split shareholders would report 1000 in the example above. Kurt

To: lavalamp who wrote (69)	10/31/1997 11:57:00 PM
From: MZUBOZ	Respond to of 95

Sorry to be so late to answer your question. I have no idea whether anyone could have done that, but I doubt it. The split was in January/February and I never heard of Riley before August. I think that everyone by then was completely aware of the effect the split had had on their shares. Also, most of my current total was acquired after the split (but prior to Riley) and that could be true for a lot of others that originally responded to Riley's request for share amounts. To sum it up, anything is possible, but I think it very unlikely. Doug M