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


To: Mark B. Martell, CCM who wrote (1737)5/21/1998 11:44:00 AM
From: greg Benfield  Respond to of 2278
 
I have been watching this thread for sometime..and I think the 1 for 10 split will be good. An example of a company who did a very similar move is CLCK. It used a reverse split and a reverse merger to acquire a Independent Computers. They are in the DEBIT card business and expect to see exponential growth this year. Their info structure is set to accommodate yearly revenue of over $200,000,000. Without any real rise in overhead. This is a high growth industry and I feel both will peak this year. By the way CLCK has 12.5 million shares with a float of between 1.2 million and 1.5 million. They could have possibly from $35-50 million in revenue with new contracts. Check it out. I am still extremely long on GLCP, 10 for 1 splits followed by good news is a good thing.



To: Mark B. Martell, CCM who wrote (1737)5/21/1998 12:15:00 PM
From: Mike Felty  Read Replies (1) | Respond to of 2278
 
I agree. I am not concerned about the reverse split if the company begins generating revenue of 200K per month within 90 days.

I appreciate your analysis and comparisons.

Let me know if there are any other TPII's out there.

Mike



To: Mark B. Martell, CCM who wrote (1737)5/21/1998 4:45:00 PM
From: Egolpi  Read Replies (1) | Respond to of 2278
 
Mark,

I appreciate your diversification model. I, too, look for companies that at least have pipeline products or services. I hope you had a chance to look at HYALF, it was up over 50% at one point today; but I consider it a long-term hold or acquisition prospect as mentioned previously.

Regards,

Egolpi