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Microcap & Penny Stocks : EXSO -- Consolidated Eco-Systems (Exsorbet Industries) -- Ignore unavailable to you. Want to Upgrade?

To: Ditchdigger who wrote (3812)	3/2/1998 7:23:00 PM
From: J.S.	Read Replies (1) \| Respond to of 5015

DD, That's right as far as the debentures go but as for APR, we may not even have to vote if the company can satisfy its obligations. There is $1M left in debentures. If the stock breaks $.5 it may be possible to accommodate them with the present # of shares. If not, then a very small increase may be required. That is far different then doing a 1-10 split and then keeping the authorized shares as they are now. For me, the big thing I need to see is the balance sheet cleaned up. Further sale of underproducing assets may be required. Joe