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Microcap & Penny Stocks : TASA. Can someone with KNOWLEDGE help!!!! -- Ignore unavailable to you. Want to Upgrade?


To: TimbaBear who wrote (582)3/4/1999 12:54:00 PM
From: Bob Davis  Read Replies (1) | Respond to of 601
 
Touchstone Applied Sciences (NASDAQ: TASA) announced several new and exciting programs at today's annual stockholder's meeting. These include new products, an expanded Internet presence, and potential upcoming acquisitions. A copy of the President's speech can be found at napeague.com

Apparently the motion for a reverse split also passed, and I believe that the Company will put out a press release about this later this afternoon.

Today's trading activity seems to have been driven by one large sale of about 9,000 shares which took place around 10:30, shortly after the meeting began. I sense that this may be part of an effort to "shake loose" some stock at a low price.

Bob Davis
The Napeague Letter
napeague.com