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Non-Tech : The Children's Beverage Group (TCBG) -- Ignore unavailable to you. Want to Upgrade?

To: KSully who wrote (2079)	11/10/1998 12:02:00 AM
From: gambler	Read Replies (1) \| Respond to of 2452

There were shareholders for the previous company and their stock just changed name and did a reverse split. I am not sure, but I think it was a 1000-1 reverse split. So the shares were .008 before the split and $8 after the split. So everyone who owned 1000 shares of Savant got 1 share of TCBG in return valued at $8. I am not positive about this, but I recall someone mentioning this a while back. This does sound a bit ridiculous though because there would have been 20 billion shares before the reverse split. Oh well, who knows? Gambler