TheDirectory.com Inc (SEEK)

[DocLevi]

One of the many advices I got from my Dean Witter Reynolds broker in the mid80's was to avoid companies that have done a reverse split (he was right, they did it again, and again... then I was finally right and the product showed up in pharmacies ... nasal delivery system of B vitamin, less than 10 shares after several thousands bought after first split when I got conned into buying from cold call from and now dead brokerage house in NY (merged, and then assets to avoid SEC penalties). So a 700 investment turned into a few year stock dump then the product and 2.00/share and like 2 shares... oh boy, reverse stock splits are from con men (unless takeover and new head unrelated) is basically the norm in stock investing. Not my advice, it was from my broker in the 80's and its a real life story, (not licensed to give advice just an experience shared, obviously...) So actual results on other companies may vary.