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Microcap & Penny Stocks : SCMI -- rockin and rollin, company has big expectations -- Ignore unavailable to you. Want to Upgrade?


To: bob sims who wrote (193)2/17/1999 12:01:00 PM
From: proud dad  Read Replies (2) | Respond to of 546
 
Are you saying a 6 to 1 reverse?



To: bob sims who wrote (193)2/17/1999 12:56:00 PM
From: tahoeman  Read Replies (1) | Respond to of 546
 
Bob,

Reading the 8K, the company indicates that they are still working out these details, but did say that a large portion of the ~8 Million shares remaining will be restricted stock and not tradable for a period (1 year?)....leaving most of the rest of the stock in the hands of about 10 very friendly shareholders and us little guys. There will be very little float.

I would think we could be a $1-$2 stock prior to any reverse....but we will see....

--Tahoe