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To: JFWOODS who wrote (6045)3/12/1998 11:57:00 PM
From: Jamie Orr  Read Replies (6) | Respond to of 27968
 
I haven't stopped by the thread for a while, but after tonight's news release, I could no longer resist joining SI.

Once again, Ira has bamboozled many of you. The newcomers I can forgive, but you veterans should be wising up by now.

First, Ira will do everything in his power to keep you from seeing the audited financials for as long as possible.

Second, Ira swore up and down, verbally and in writing that he would never resort to a reverse split to gain a NASDAQ listing.

Doesn't it bother any of you that the only thing moving the price of this stock is the word of a company president who has a history of breaking promises?

BTW, when the "pre-financial" statement was released a couple of weeks ago, I jumped back in for a quick momentum play and covered my earlier losses. If I wasn't fully invested right now, I would probably jump back in tomorrow, but only for a few hours. One day the bottom will fall out of this stock and I don't want to be in the vicinity.

One more thing, and I'm not being sarcastic, merely curious. Can any of you cite some reverse splits that worked out well?

Jamie Orr