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To: Ed Pakstas who wrote (314)12/11/1997 9:40:00 PM
From: crgreen  Read Replies (1) | Respond to of 783
 
Hello Ed and all:

Any thoughts on this one?

TRI.v (formerly KBL) has a soft drink brand out west (Koala brands).
The stock has traded at approx. 20 cents and higher for the past year.

Clearly Canadian announces a takeover in Oct., however after d.d.
removes the offer.

TRI is currently trading at 3 cents and has announced a reverse
1 for 10 split, which at this point would make the stock price
only slightly higher than before the takeover announcement.

Is there any bounce in the near future for this stock?
Is the bad news in the last line of this release increasing share capital to 100 million shares without par value?
Or is the fact that Clearly Canadian decided to pass on the takeover
after dd reason enough for such a drastic drop in price.

Also, from what i can gather in past releases, I understood TRI to have approx. 17 million shares out, yet this release says 37 million.

Tribridge Enterprises Corp
TRI
Shares issued 36902815
1997-11-18 close $0.07
Wednesday Nov 19 1997
Mr Carson O'Neill reports
Special resolutions will be proposed at a special meeting of shareholders on
Monday, December 22 1997, to consolidate the company's share capital on the
basis of one new share for every ten existing shares and to increase the company's
share capital to 100 million shares without par value.

Comments appreciated.
CGreen



To: Ed Pakstas who wrote (314)12/12/1997 12:10:00 AM
From: R.A.K.  Read Replies (2) | Respond to of 783
 
Hi Ed,

Just in case how about CWA closed today at .16. You just never know?

Regards,

RAK

P.S. I would also like to add WWS to the list but not right now I'll let you know when. Thanks.