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Re: Miss Scarlet post# 25009

Tuesday, 04/26/2005 3:57:36 PM

Tuesday, April 26, 2005 3:57:36 PM

Post# of 82595
Miss Scarlet, The reverse split, on its own, is not so serious. Although it has a negative perception it is in reality only an accounting exercise.

The disturbing part of the announcement relates to the r/s NOT applying to the Authorized Share count.

The completion of the plan will result in a number of shares in play after the r/s that is equivalent to 28 Billion shares prior to the r/s.

That is a staggering consequence.

regards,
frog