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Rocketred

02/02/04 11:32 PM

#22321 RE: razal #22320

Depends on how many shares are out and who the people are running the show


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Jim Bishop

02/03/04 3:24 AM

#22323 RE: razal #22320

Also depends on the reason for the reverse split. They mainly get the bad rep as they are so often used by scammy companies whose business plan has failed, as a way to move on to something new, getting rid of all the old shareholders in the process.

A good one might be to get the stock price to where they qualify for another exchange, or to stay on an exchange, when all the other criteria are met except share price.