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Microcap & Penny Stocks : Agiss Software (AGCR) - Year2000 + -- Ignore unavailable to you. Want to Upgrade?

To: Tomstocks who wrote (785)	3/4/1999 12:02:00 PM
From: Bugsy	Respond to of 1811

Case in point. Last year I was involved with a Co. (wont post their symbol) that did a 3 for 2 reverse. I owned 300k shares of this Co. after the reverse I owned 200k. Now before the reverse there was approx. 30 mil. shares outstanding. So after the reverse there was around 20 mil. shares outstanding. So the % I owned remained the same. So far so good, Right? About a month after the reverse I find out that the Co. immediately re-issued the 10 mil. shares that they just reversed. No they did not tell the shareholders of this either. As far as I can tell this is perfectly legal. And BTW, after the reverse the price spiked up and then slowly drifted right back down to pre-reverse levels. The Co. wins the shareholders lose. I don't want any part of this kind of BS. Regards