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To: The Osprey who wrote (6363)2/13/1999 8:14:00 PM
From: MoneyMade  Respond to of 15987
 
Ok Osprey great analysis of Reverse splits; Now why should investors put their money into ISSM??????

Osprey wrote:

On the Vancouver Stock Exchange reverses were done quite frequently at 13 for one.That is to say we give them 13 shares and they give us one.Lately I am seeing 10-1 reverses and 5-1 reverses.The reverses are usually the kiss of death for investors.It is where the shell tells everyone they are going to look for financing and they have nothing
to begin with.They masquerade it as a pump and dump factory and the shareholders end up holding the bag. Those who did not do there DD prior to the reverse sit and hope for some miracle.It doesn't happen.If on the other hand some DD is done and it has merit and potential people have done extremely well but the "curse of the reverse" kills more investors than it helps.