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To: Michael who wrote (3429)4/14/1998 1:57:00 PM
From: R Jennings  Respond to of 6654
 
not an expert but .02*300=6
.018*300=5.4
other numbers
150mill/300= 500k
new authorized=50mill

just be aware.
rob



To: Michael who wrote (3429)4/14/1998 1:57:00 PM
From: K A Anderson  Read Replies (1) | Respond to of 6654
 
.0165 / .016 lots of sales

KAA



To: Michael who wrote (3429)4/14/1998 1:58:00 PM
From: JRR4  Read Replies (1) | Respond to of 6654
 
Pre split Price --- Post split Price
.020 6.00
.015 4.50 (hopefully not)
.030 9.00
1/16 18.75 (hopefully)



To: Michael who wrote (3429)4/14/1998 2:03:00 PM
From: Rick  Read Replies (2) | Respond to of 6654
 
Is there something I'm missing here...

"The total number of outstanding shares after the reverse will be approximately 390,000 shares. The total authorized number of shares will be reduced from 150,000,000 to a total of 50,000,000 authorized."

In the news release, it said that there was 150,000,000 shares and the would be 50,000,000 after the split... Shouldn't this just leave 500,000.00, with a 1 for 300 reverse...

Just curious...


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