Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Microcap & Penny Stocks : VLVT (was CSMA) -- Ignore unavailable to you. Want to Upgrade?

To: Steven Durrington who wrote (6499)	4/1/1998 1:35:00 AM
From: TraderGreg	Read Replies (3) \| Respond to of 11708

Durro-- Your subtlety and tact are excellent attributes, to be sure. I will be blunt. Our newbies reference to "reverse split rumours" is an obvious attempt at fear mongering. Listen up, people. I'm going to give you the Baddest Day at the Blackest Rock scenario to show why a reverse split is not needed. We have 23 million shares outstanding, but I'll cave in to the bashers and let's, for the sake of discussion only, say we were to dilute to the 50 million authorized figure. Let's look at EnviroTec, Duchesne County, Utah only. Let's take the 14,400 bbls/day authorized, with no increase in capacity assumed despite a daily demand of 50,000 bbls/day. Let's ignore $10 to $30 per bbl rate and use my standby of $5 per bbl for 250 days per year. EIGHTEEN MILLION DOLLARS. Now, remember, Class II revenues covers the EnviroTec operating costs and the marginal costs associated with the Class V will be nominal. That works out to 36 cents a share(remember it was 78 cents a share using the actual 23 million shares o/s). Now, tell me, does a company doing 36 cents a share from one operating subsidiary need to do a reverse split to get to $4 a share? Once LPS and AdHatters and later, oil/gas factored in, $4 a share will correspond to a P/E under 10. The introduction of newbie bashers almost always should be viewed as a contrarian indicator. We should welcome them. TG

To: Steven Durrington who wrote (6499)	4/1/1998 8:28:00 AM
From: Tim B. Adkins	Read Replies (2) \| Respond to of 11708

A reverse split is where the stock splits 4 for 1 or 10 for 1. This being April Fools day. Humor me. As you should note. I am a "visitor" I have only 3 posts a day. Thank you for the spell check info. "real soon" because all points to it. Csma wants to get listed real soon and the only way is to hurry things up. There must be over the 300 investors limit for that requirement. Just about the only thing missing is the stock price. Get the stock price up there and file the forms. There you go you get listed. Company value it there. do not be worried small stock price drop and in 2 months things should be more like share holders want. Making money is all investors are looking for. The source for my info is this thread and the same people as you. The info in my profile is all that can be added since i am not a member yet. Do not think I have not been around because i have. Check into my post and see what you think. I cannot remember all the questions and comments directed at me maybe i can answer more in my next post. being limited to 3 posts really hurts me. i would have answered last night. Thank you for the welcome from those who did. I will join if everything works out. Tim