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To: James888 who wrote (1812)5/31/1998 12:36:00 AM
From: Mark S. Schroeder  Read Replies (1) | Respond to of 2278
 
In this reverse split how many shares does each company have?
Lets say each has 100,000,000 and a reverse of 1-10 we would then have a two million share company and over $1. Private placement houses would then look at the stock. Also a great news release after all is said and done.

Example: DDIM last year I was in did almost the same thing. Bought at
$1.50 rode it to $3.25 did a 1-3 reverse bringing it to $9.75 and took off to $55 a shr. in 45 days.

IMHO, I think that a 1-10 is a bit high but worth it to ride out their business plan.

MSS