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Microcap & Penny Stocks : THE NEW ISSM!!!! -- Ignore unavailable to you. Want to Upgrade?


To: Stanley L Brown who wrote (445)2/5/1999 3:39:00 PM
From: The Osprey  Read Replies (3) | Respond to of 915
 
Well I got the call back from Brian Harris.We talked about a number of things and needless to say I wish I had my cheap shares back now.The Reverse split is not a major concern to me and I also can see why some of the old ISSM investors would be extremely skeptical of the motives here but rather than complain be patient and be glad things are happening right now.
If I bought shares in the old ISSM at 2.00 I would be upset with the penny stock I owned now as well.Especially if the are 25million shares in circulation with not much in the future.
How does anyone go about raising capital in the new ISSM to finance future plans or acquisitions with that kind of float?So,a reverse split is at least a chance to try and recoup some of your lost capital if it expedites the growth of this company,and I feel it will happen and am excited about it myself.
A 10-1 reverse would be expected but a 5-1 on 25000000 share rollback would be OK.If insiders owned or controlled 80% that would leave about a million in the float as an example.Then if financing required the issuance of another million with restrictions and some product or acquisition advancements take place the stock could move up very nicely.Obviously with the restrictions on insider info I cannot get involved in any discussion with Brian about that aspect and would not put him in that position but I will say I am very excited with the conversation.
To the old ISSM investors I will say the future is much better at getting some of your money back.To those who wil bash me or critique my post here,I will say great.But one thing I will say for sure to those who are skeptical or bitching.Keep on bitching and bashing and I will keep on buying.
By the way Brian is very approachable and responsive bioth via email and telephone.Have a great day.

Osprey