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Microcap & Penny Stocks : Centura Software Corporation (NASDAQ:CNTR) -- Ignore unavailable to you. Want to Upgrade?

To: Shivram Hala who wrote (2228)1/30/1998 3:56:00 PM
From: Jack M. Moriss  Read Replies (1) | Respond to of 2428
 
No !

In order to stay on NASDAQ we need:

1. A stock price $1 or over. and
2. Shareholders equity of 2M or over.

Currently shareholders equity is (9M), we are
11M in the hole. A reverse split alone will not help.
We need a buyer to take over Centura.



To: Shivram Hala who wrote (2228)1/30/1998 7:10:00 PM
From: LTK007  Read Replies (3) | Respond to of 2428
 
Reverse Split? That is the kiss of death(IMO).I would like any one to
tell me a company that survived a reverse split become a turnaround--
opinions welcome.max90-in general a stock in a reverse split plunges
to where you started,this has been my observation.


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