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Alias Born 03/10/2004

Re: latecloser post# 946

Friday, 03/26/2004 7:42:01 PM

Friday, March 26, 2004 7:42:01 PM

Post# of 358496
latecloser, the problem with a reverse split is that if they did a reverse split, yes,you have a 3 million or so share right now, but when they get through with the split, the most you would have is 12000 shares because the least split that they would do is a reverse split of 250 to 1 for your 3 million shares. If the company did 500 to 1 reverse split, it would be a lot worse for us the shareholder. You must understand, this company has billions of shares hanging loosely. This company has so many O/s out there that they could do a 1000 to 1 reverse split very easily. There is no way around, the big reverse split is coming sooner than you think. Don't be surprised if you see it on April 1st, the only thing about this "April 1st", it will not be "An April fool's joke." The joke will be on the hopeful and naive shareholders.
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