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 : Corporate Vision (CVIA) -- Ignore unavailable to you. Want to Upgrade?

To: skinydipper who wrote (3949)	4/19/1998 8:33:00 PM
From: K A Anderson	Read Replies (1) \| Respond to of 6654

Tim, These are some tough questions, a merger is not a merger until both parties have signed the deal, now I dont really now the details, so I am thinking in tenative terms, and pending proposals. Until the SEC and other relevant agencies have approved the filings, thats another consideration. The SEC is "supposed" to protect investors rights, and it will depend on what info is on the filings and how it matches up against the investors complaints. All this is another issue with or without the merger agreement. Technically a company can reverse a split and still set the amount of authorized shares... see all this is an internal corporate matter written into the Corporate by laws and charter. The BOD and CEO determine this, along with the outstanding float. All this is not a concern of the SEC or NASD. I don't know the status of the reverse merger, so until the opening price tommorro I guess the 300-1 is a done deal. If we open at $3 a share, I guess we are past the point of no return with the reverse issue. If we open at .0X then there is still hope that it can be reversed. KAA