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Onvia Inc. Message Board

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  • kg2931 kg2931 May 10, 2002 12:22 PM Flag

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    Rej,

    I haven't checked yet to see if I have my shares in Fidelity. I too think we are going to reverse split. IR said this was an option in their appeal plan due about NOW. As cash this was to be a simple cost adjustment to original shrs on Sched D. As additional shares, I guess we now have to cost adjust all our shares, original with new.

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    • Yeah it is obvious now that they will never reach the 1 dollar mark without a reverse split. I don't think there are many new investor's out there willing to buy a stock dealing with this government with limited profit potential. I am hoping the news of one could get us at least another .20 on the upside. I think I can live with that.

 
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