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Gold/Mining/Energy : South Pacific Resource (C.SHF) -- Ignore unavailable to you. Want to Upgrade?

To: Ronald W.Millar who wrote (1961)	5/22/1998 1:54:00 PM
From: ricckk	Read Replies (2) \| Respond to of 1980

Hi Ron, The roll back is necessary so as to make the float tight. This allows for more shares to be issued at a higher price. The directors, Edgar and Rand who by the way have already sold all of their share holdings in SHF at a nice profit, along with Bob Chase and his lawyer partners, will be issued shares at a very cheap prices ie:$0. I hope that their new business venture in high tech security identification, ie: thumb print i.d., pans out. My experience of roll backs is not positive. The price usually has more room to slide downwards. Cheers, Riicckk