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Microcap & Penny Stocks : WCTI (Wordcruncher Internet) Search Engine of the future. -- Ignore unavailable to you. Want to Upgrade?

To: Rob29 who wrote (2688)	2/3/1999 8:40:00 PM
From: Glenn Petersen	Read Replies (1) \| Respond to of 5300

BB stocks can be split. The issue of splits is generally addressed in the corporate By-Laws of a company and does not require the approval of the SEC or any other regulatory body. A split may or may not require shareholder approval. I doubt that WCTI management would bother to split the stock at this point. Hopefully, they have more important things to worry about. This is probably an issue that they will deal with once they are fully reporting. When they finally file a Form 10-K, I would not be surprised that one of the exhibits is an amended set of By-Laws. Splits generally increase the liquidity of a stock. To be quite honest, I prefer the lack of liquidity at this point as it will probably work to accelerate the inevitable move upward. P.S. I have been lurking on this thread since early December and I have found it immensely entertaining and informative, one of the best threads on SI. The next two weeks should be exciting...and profitable for us longs.