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Microcap & Penny Stocks : Financial Intranet Inc. (OTC:BB:FNTN) -- Ignore unavailable to you. Want to Upgrade?


To: PistolPete who wrote (1998)5/27/1998 10:27:00 PM
From: Wally  Read Replies (1) | Respond to of 2897
 
A reverse split always stinks. After a reverse, a stock doesn't usually sit like a rock (ie Navistar).. it usually sinks like a rock. Then the stockholders (if they're lucky) do the sitting.. and sitting. It is, IMO, the last way that Financial Intranet would want to accomplish their listing.
A few months ago, I too brought up the dirty word to Michael Sheppard. He wasn't about to rule it out (although I wanted to hear it). He did tell me that it was not part of the game plan ( to give it a loose paraphrase). In other words, I think they are confident that the worth of this company will be built on tangible successes that will propel them to that higher plateau in a non-artificial manner. THAT's why I'm hanging around. There is less hot air being expelled by this company than ANY other company that I follow, or invest money into. IMHO, FNTN will get it's listing, and when they do, they will not have to struggle to hang on to it. With a little bit of luck, their first split won't be in reverse (from my mouth to God's ear?).
Wally