Replies to post #38442 on Strattner Financial Group (SCNG)

[zeekhoe]

i believe spng announced it, but then announced a cancellation of it shortly thereafter.

[SGT ROCK]

Essence:

I think a Company might have to announce an R/S. I had stock with VALCENT (who announced an R/S) - they sent forms to my house because each shareholder had to vote. Unfortunately, the R/S was approved and my shares dropped dramatically so low that they were worthless. Although, the stock jumped and has relatively maintained around $1.00 - I took a huge loss.

I am totally against R/S - I'd rather weight a while and enjoy the fruits of future gains than ti be wiped out.

Since there are relatively few (I think someone said around 185 people had stock with EVFL) - I recommend everyone unite and VOTE NO to an R/S if they announce an R/S and put it to a vote...

[dairyair1977]

actually swrs said they were doing the 2500:1 rs and AIG said they were doing a 20:1 RS before they did actually do it.