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Microcap & Penny Stocks : ADGI - American Diversified Group -- Ignore unavailable to you. Want to Upgrade?

To: lost a mint who wrote (7773)2/14/1999 5:29:00 PM
From: Ditchdigger  Respond to of 9569
 
If the Doctor and the Esquire are smart,they will consider any merger plans as an opportunity to reverse split and hide the dilution that has already taken place(230mm shares is a lot of baggage to be carrying around)---then they can start all over again...DD
PS: all they have to do is sell before the split, issue themselves shares post-split and after the price decline which will result from the split--the perfect plan<g> (new fleece on the sheep to be shorn)



To: lost a mint who wrote (7773)2/14/1999 8:34:00 PM
From: OLD JAKE JUSTUS  Read Replies (1) | Respond to of 9569
 
I agree with you in its entirety. I asked Dr. Hinton about this awhile back and he said, no sir! He does not anticipate a reverse stock split under the normal operations, of ADGI. If there were to be a merger or some such, then it could be done. This is how I remember what he said to me about Reverse Splits.

Good Luck!


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