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Scrooge McDuck

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Scrooge McDuck

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Re: None

Monday, 11/24/2003 4:31:08 PM

Monday, November 24, 2003 4:31:08 PM

Post# of 7045
RCNC just filed a 8K....more about.....
RCN Corp is a NAZ SC company now trading at .97
The PPS has been on a downtrend and, if they don't get it back up over a dollar in about three weeks they will be in jeopardy of losing their NAZ listing.

Today's filing just confirms a PR posted on Nov. 21 announcing management changes......ie; a Management shakeup.

IMO, if they don't get the PPS back up over a dollar, this could be a prime candidate for a reverse split.
If this happens, the split could be as low as 1:2 or over 1:100, depending on how much they would want to reduce the OS, which is 111,198,478.

"Aim low Sheriff...They're ride'n snakes"
as usual...JMHO..SMD

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