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

To: Chris J. Addison who wrote (476)	2/6/1999 11:38:00 AM
From: Stanley L Brown	Respond to of 915

Chris some people don't understand further diluting a company that is already diluted to the point of being water. They get all excited over this reverse split thinking is for their benefit, when most likely it was just required for the company to continue issuing shares to keep the scam going. ok we have a stock at a dime we do a 10/1 split we now have a stock with 1 tenth the amount of shares worth 1 dollar. They immediate crank up the certificate printing presses again (calling it dept consolidation, needed for future advancement whatever) and dilute again. Most investors seeing the writing on the wall begin to bail and down we go again. But look at it on the bright side, now we have prolonged by 10% the time it will take to hit the golden goose egg. Im following Davids advice to lets just wait an see :)) Of course everything I think is only my opinion and we all know the old sayings about opinions. :) Happy Trading Stan

To: Chris J. Addison who wrote (476)	2/6/1999 1:47:00 PM
From: David Sirk	Read Replies (1) \| Respond to of 915

Cris. Your math is almost as bad as my spelling. However, 3.6 mil is 59 percent of 6.2 mil shares which is what it would be after a 10 to 1 R/S and issue of 3.6 mil new shares. Lets take a look at this shall we. To be effective within the ensuing 15 days, registrant's board of directors has determined that a recapitalization, such that 10 existing shares will be converted into one new share of common stock, will be necessary. Total shares issued and outstanding following this reverse will be 2,587,745. At one point not to long ago ISSM had 10 million shares. Now they are saying 25 million will be reversed. So far your MATH to me correct. Issm wouls have to have had 60 million shares out then done a 10 for one to get it to 6 and then issue more. Do you follow?