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Microcap & Penny Stocks : AmeriResource Technologies (ARET) -- Ignore unavailable to you. Want to Upgrade?


To: Mr. Jens Tingleff who wrote (2918)9/24/1998 11:28:00 AM
From: Roger Bodine  Read Replies (1) | Respond to of 7609
 
Good afternoon Jens,

Do you know if ARET is cutting any 2x4's, hammering any nails, slapping down those shingles someplace? Lot's of good agreements or potential mortgages with the 'nations' in those news releases! Winter is coming soon. Can you post a current work schedule (if available)?

Thanks in advance,

Roger



To: Mr. Jens Tingleff who wrote (2918)9/24/1998 11:37:00 AM
From: Russell Gish  Read Replies (1) | Respond to of 7609
 
Jens and others,
If I may toss this bone out.......

Let's say as of right now we are undervalued... for example, we should be conservatively valued at $0.025

Now tell me why it wouldn't be good business sense to do a 1:2 reverse split in order to reduce the OS shares.

Granted, I would expect the company not to issue more down the road, but I see no problem with a company taking advantage of market conditions to reduce their share count.

Heck, if the longs know they're undervalued then they wouldn't sell anyway if the manipulators attempted to drop the price again. Matter of fact they would be tempted to purchase more I suspect, knowing the OS/float is reduced by half.

Just wanted to provide some food for thought while we patiently await the day of 1/2 a dime.

Good Luck,
Russ