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Microcap & Penny Stocks : Tokyo Joe's Cafe / Anything goes -- Ignore unavailable to you. Want to Upgrade?

To: USA who wrote (10562)	4/23/1998 8:32:00 PM
From: Andrew H	Read Replies (1) \| Respond to of 34592

>>....this company just went through a 10-1 reverse split....<< Whoa... are you saying they had 1BB shares before the 10 for 1 reverse?

To: USA who wrote (10562)	4/23/1998 8:33:00 PM
From: Harry_Behemoth	Read Replies (1) \| Respond to of 34592

SFAD can pump out almost a BILLION shares if they want to. I think I'll pass on this one. From their latest release: Additionally, as conditions precedent to the Merger, the shareholders also approved and ratified three amendments to the Company's Certificate of Incorporation: (i) an amendment to effectuate a ten-for-one reverse stock split of the Company's Common Stock, (ii) an amendment to increase the authorized Common Stock to 999,999,000 shares of Common Stock and (iii) an amendment to change the Company's name to Safe Technologies International, Inc.

To: USA who wrote (10562)	4/23/1998 11:25:00 PM
From: EaglePutt	Read Replies (2) \| Respond to of 34592

On SFAD and 10-1 split.. there is a Nasdaq rule that if a stock trades for less than 0.2 (?) for certain period of time they need a 10-1 to prevent delisting'''' used to be another rule that said minimum of 1.00 on the bid side would prevent delisting...no more either way, the best thing going for this company is: (1)acquiring ITN...more profitabland now in the internet game from being only a health-care player (2)CEO is a Buckeye I think that not putting up products and services is a marketing error (faux paux) will call her tommorow and see if one Buckeye can get some goods from another Buckeye.