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


To: NasdaqStud who wrote (18641)5/17/1998 10:01:00 PM
From: NasdaqStud  Read Replies (1) | Respond to of 34592
 
I just re-read the press release discussing this reverse split issue dated 5/11. The language states that as part of the authorization of the share exchange, the Innovus Board of Directors has approved an amendment of the Innovus Certificate of Incorporation that would effect a 10 for 1 reverse stock split. Does this mean that the board is trying to shrink the number of shares authorized for issuance? Somebody needs to call management tomorrow. Absent this issue, INUS could be HOT!! THE COMPANY PHONE NUMBER IS 714-833-1220. CEO, Tom Hemingway, is quoted in the release. Let's get some people calling to get these issues resolved. I will be travelling all day tomorrow, so would appreciate if Tokyo or others could do some leg work. At $.53, it seems like it should be worth the time. THE STUD!!!