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Technology Stocks : NewKidCo International (OTC:NKCIF) (TSE:NKC) -- Ignore unavailable to you. Want to Upgrade?


To: esecurities(tm) who wrote (1626)5/13/1998 4:12:00 PM
From: esecurities(tm)  Read Replies (1) | Respond to of 4231
 
Annual Meeting in one week. 500,000 ESO Share Proxy Resolution.

It is simply a given that said 500,000 common shares of the Company Proxy Resolution pursuant to said Additional New Stock Option Plan must be pre reverse stock-split in the event of a(n) [actionable] [contemporaneous 'other business' annual meeting approved]/post-Annual Meeting reverse stock-split special special shareholder meeting/Board approved 'reverse stock-split'...i.e. there cannot be a reverse stock-split and then post reverse stock-split, said 500,000 shares are still available...ex. a 1:2 reverse split would adjust said 500,000 ESO (Perrault, et al) shares to 250,000...said shares simply must be adjusted downward along with all shareholders, again, in the event of a quid pro quo Board resolved non-shareholder approved reverse stock-split.

Company insiders simply must be in the same 'non-preferential' position as non-insider shareholders(.)

Again, a reverse stock-split would be a negligent move by management/Board of Directors and would simply play havoc with the NewKidCo, et al negotiations, specifically and SWEBF shareholder value, in general. Management should simply address this issue post haste declaring no reverse stock-split will occur.