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Re: ChrisJP post# 235

Thursday, 05/31/2001 8:07:04 PM

Thursday, May 31, 2001 8:07:04 PM

Post# of 4688
An explanation of forward splits on shell stocks and what I imagine is going on;

So the shell has 100K float, or less. The shell find A R/M partner. At this point they cancel most of the outstanding shares then do a forward split.

Then they issue the new shares to the R/M company.

Next step is to move the price of the stock to a reasonable level for a private placement they've arranged.

And VIOLA! 10 bagger

Then again it could be something else all together........

Wayne - PTGIDLMAOTT
This is not a recommendation to buy or sell securities. I have most likely purchased this stock before mentioning it (how stupid do you think I am???). If you wish to run it up 100% or more, I thank you in advance.



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