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Microcap & Penny Stocks : LifeOne, Inc. (LONE) -- Ignore unavailable to you. Want to Upgrade?

To: paper man who wrote (185)	3/21/1999 2:30:00 PM
From: IBMikey	Read Replies (3) \| Respond to of 1834

LifeOne expects to build shareholder value quickly by placing certain acquisitions in subsidiary shells and then effecting spin outs of the acquisitions. The company has four seasoned shell subsidiaries that can be used to implement tax-free spin outs of new public companies. Shareholders holding LifeOne shares as of the record date (to be decided) would receive shares of the new companies proportional to their percentage of LifeOne. Does anyone have any knowledge of the "four seasoned shell subsidiaries"? Are these reporting shells? Are they public? This is looking like a reverse split if they spin out shares such as 1:10 (for every 10 shares of LONE you get 1 share of XYZ ). Will LONE become a shell? So many questions.....