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Re: Watney99 post# 6992

Tuesday, 10/12/2004 1:01:57 PM

Tuesday, October 12, 2004 1:01:57 PM

Post# of 23712
Anyone want to disseminate this story?

http://www.globeinvestor.com/servlet/WireFeedRedirect?cf=GlobeInvestor/config&vg=BigAdVariableGe...

I dont know how they are going to 'restructure the authorized stock' considering they only have 22 million shares O/S. Certainly the price needs help at .005 (to secure financing), but even if they do a 1 for 10, that only pushes the price to 5 cents. they would have to do a 1 for 100 to make the price make any sense (1 for 200 really)but that would leave them with 220,000 shares (110,000 shares)?

I still think this one is very promising.

He who smiles at lofty schemes, stems the tide of broken dreams.
R.Hodgson