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Microcap & Penny Stocks : MSHE (MSH Entertainment) -- Ignore unavailable to you. Want to Upgrade?


To: StkProfit$ who wrote (1328)7/2/1998 11:29:00 AM
From: micky  Read Replies (1) | Respond to of 2706
 
Look, whatever planet you're on (paranoia pluto or nervous neptune?) when the company's in the process of closing an acquisition, involving institutional investors, much less having other institutional groups that have provided previous financing, you don't do reverse splits. There is no faster way to turn off the spigot of fresh money into the company. Investors already in (like us sad souls hoping for the share price to pop like last year) are buying and selling shares already out of the company's treasury, so other than getting the company listed on NASD (which wouldn't happen, since with a split, share price has a history of tanking) there would be no value to the company to do this.

MSHE is not a fly-by-night BB scam with nothing behind it but promoters and insiders trying to pump and dump. I don't think they've issued more than 2 press releases since January 1. No pump here.

I've been invested in the company over 2 years, know the principals and believe them when they say that a reverse is absolutely the last thing on their mind.

As Sis said -- the tone of Maerz's letter was positive, even if it contained little more information than that the acquisition is still on.

This is not a stock for shorters -- you will get hurt. This company has solid fundamentals and people, and even if the stock doesn't fly high as the sky (or Neptune or Pluto) right away, I'm staying in.