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Microcap & Penny Stocks : Greenland Corp. (GLCP) -- Ignore unavailable to you. Want to Upgrade?

To: Mark B. Martell, CCM who wrote (1663)	5/19/1998 1:23:00 AM
From: fubsy cooter	Respond to of 2278

If this is to be a lucrative move, why propose such a drastic measure as a 10 to 1 split for capital? Why not use the capital from the ATM revenues? Perhaps they won't come quickly enough. Then why not create a line of credit against these revenues to get airlink underway. We lost 50% of our value today because of this announcement. That means relative to the value of the stock before the announcement we are actually seeing a 20 to 1 split. Who knows what will happen tomorrow. I would rather they have waited on this acquisition until the AMR was marketed. Instead they destroyed our investment. What do you think about that? Obviously I'm pissed. It's a bummer to watch a company shift gears and bring a stable share price crashing down.