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Microcap & Penny Stocks : ICVI (now MTEI) -- Ignore unavailable to you. Want to Upgrade?

To: Rusty who wrote (9708)	6/8/1998 2:53:00 PM
From: goldcoin	Read Replies (1) \| Respond to of 11850

In a reverse split you receive less shares that you already have: an example would be a 2 for 1 reverse split. If you own 1,000 shares you will then own 500 after the split. I just got a letter in the mail on an old dog I owned. 250 to 1 reverse split! I never have been for reverse splits. Most of them are only done because the company didn't have anything to lift the price of the stock so they do it by decreasing the shares. Goes down most of the time after the split in my experiences.

To: Rusty who wrote (9708)	6/8/1998 2:54:00 PM
From: Mark G	Read Replies (1) \| Respond to of 11850

Rusty, If you want to read about the mother of all reverse stock splits, check out the CVIA thread on SI. 300:1 Reverse split!! In this case, it appeared to be bad for the stockholders. In some cases, it gets the stock price up high enough to qualify for a NASDQ listing, which is usually good. Mark G