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Technology Stocks : NewKidCo International (OTC:NKCIF) (TSE:NKC) -- Ignore unavailable to you. Want to Upgrade?


To: Link Lady who wrote (1822)6/20/1998 2:55:00 PM
From: esecurities(tm)  Respond to of 4231
 
>>Do you think their will be a reverse split.

The Chairman, CEO, and CFO are now each on record that there will be no reverse-split. It should also be understood that voting 'for' said six (6) [May 21, 1998] SoftQuad International, Inc.'s Management's Proxy resolutions* was contingent and in reliance upon said [no reverse-split] representations. Furthermore, the Capital Funds and the Lorenzen's just might [also] have something to say about invoking any move which would destroy shareholder value.

We have asked management to simply address this situation, again, to preclude potentially misleading second-guessing and will advise this thread accordingly as well as give management the benefit of the doubt that they are proceeding on course in responsibly maximizing shareholder value sans a reverse-split.

*NOTICE OF ANNUAL AND SPECIAL MEETING OF SHAREHOLDERS DATED 15 APRIL 1998



To: Link Lady who wrote (1822)6/21/1998 11:04:00 AM
From: technbio  Read Replies (1) | Respond to of 4231
 
Hi Wendy and esecurities

IMHO they would be crazy to made a reverse split the last reverse split the stock went from 6.50 to 15.00 (Can $ 2.5 split) made a small journey to 17.00 and after drop to the price you knows

Reverse split are always bad, in theory it is suppose to be there to help the stock to be bought by mutual funds but it is always bad for the small shareholders IMHO

I don't think they will do it,about where the stocks going, I don't know.....internet related stocks are so unpredictable...

Take care

Jacques