Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Microcap & Penny Stocks : American International Industries Inc. OTC BB Symbol EDII -- Ignore unavailable to you. Want to Upgrade?

To: ColleenB who wrote (4500)	1/12/1999 5:48:00 PM
From: MoneyBaggs	Read Replies (1) \| Respond to of 4814

It appears that HERZ kept it's NASDAQ listing by doing a reverse split less than 3 months ago: Tuesday October 27, 4:30 pm Eastern Time Company Press Release SOURCE: Hertz Technological Group, Inc. Hertz Technology Group, Inc. Announces Reverse Stock Split NEW YORK, Oct. 27 /PRNewswire/ -- Eli E. Hertz, Chairman, President and Chief Executive Officer of Hertz Technology Group, Inc. (Nasdaq: HERZ - news), has reported that the Company's Board of Directors declared a one-for-three reverse stock split of the company's common stock. It is expected that this reverse stock split will be effective on or about November 2, 1998. Hertz Technology Group, Inc., headquartered in New York City, operates a number of divisions with complementary products and services. Hergo Ergonomic Support Systems, Inc. designs, manufactures and sells ergonomically engineered, modular technical office furniture, racking systems, enclosures, personal workstations, training desks and space-saving products. These products are instrumental in achieving efficient work environments, and safely guarding data and organizing computer hardware, peripherals, communications and electronic equipment. LAN Metal Products provides custom specialty metal manufacturing and fabrication, and designs and manufactures the line of Hergo products. Hertz Computer Corporation custom designs and assembles PCs and related products, and provides technical service and support for PCs and LANs. Edutec offers state-of-the-art computerized training facilities that can be used for software, sales, education or management training. Edutec rooms are available for rental by the day, week, month or other special long-term arrangement. SOURCE: Hertz Technological Group, Inc.

To: ColleenB who wrote (4500)	1/12/1999 6:59:00 PM
From: Ruskin	Read Replies (3) \| Respond to of 4814

You have to start somewhere. So you start with 10% to show you are serious. EDII purchased 150,000 of the 400,000 float and probably is negotiating a deal with the insider (CEO) holding the 606,000 shares. That's 75% of the company already. Some of the other holders of the float might be HERZ insiders and that could possibly account for another 5 or 10%. In any event, if 75% of the shares were controlled, it would be easy to induce the other shareholders to come along for the ride. No chance of a one to one trade. More likely like three or more EDII shares for each HERZ share. NASDAQ has minimum share price requirements. You don't pay a price for the luxury. You get the benefit of increased shareholder value for free. The rest of the post was not directed to you. These are very good times and I am enjoying them to the fullest. Let the good times roll. Go EDII.