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Gold/Mining/Energy : Mongolia Gold Resources -- Ignore unavailable to you. Want to Upgrade?

To: d:oug who wrote (3422)	4/27/1999 1:38:00 PM
From: Glen Gordon	Read Replies (1) \| Respond to of 4066

Suppose a Company X's share price was stuck at .05 to .06 and that Company needed to raise money ASAP, but needed a share price above 15 cents in order to do so. Let's say another shell company starts buying up shares on the market and begins driving up the price. For fun, let's say that the a Director of Company X has an interest in the shell company. And let's suppose that at the same time Company X starts hinting that they may have resolution to a huge issues that has plagued the company for a long time. What if the BCSC gets wind of what's happening and stops the shell company from buying. Now without the ability to artificially support Company X's price, Company X announces that they have to consolidate shares to get the price up. This couldn't happen on the now squeaky clean VSE, could it?