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To: Rick who wrote (3437)	4/14/1998 2:05:00 PM
From: R Jennings	Read Replies (1) \| Respond to of 6654

Not missing anything, this shows potential for 49.5M new shares to be issued eventually, it would be sucide to do anything rt away though, just stating potential. Rob

To: Rick who wrote (3437)	4/14/1998 2:29:00 PM
From: TraderGreg	Read Replies (2) \| Respond to of 6654

Ah, you see the game. That's the problem with reverse splits, they don't reduce the authorized accordingly. I'm amazed they reduced the authorized at all. Unless this is one of the rare exceptions, the day this reverses, look to see heavy dilution. Dilute 100,000 shares at .02 nets 2K, but start diluting the SAME 100,000 shares at 4 or 5 dollars, you will get a lot more than 2K.Even if they only get 500 shares off at $4 they are ahead of the game. Of course, the stock will fall fast but they will still net much more. That's why they do it. Unfortunately, I am still stuck with 40,000 shares...excuse me, 133 shares of post-split stock. Live and learn. TG