Infotopia Continues Downward Spiral, Shareholders
Sell Off On Registration of Additional 93 Million
Shares (Correction from 1.9 Million)
Houston, TX – (OTCBB NEWSNETWORK) – January 15,
2002, Investors are demonstrating their
disapproval of Infotopia’s Inc. (IFTA: .007)
registration of 93 million shares yesterday. The
S-8 filing says 79,000,000 of the shares are
being issued “as option to executives” and the
other 14 million are “to be issued to an attorney
with Registrant`s counsel for legal services
rendered.”
Shareholders are apparently unhappy with the
continued dilution of IFTA. IFTA completed a
reverse split last year on the pretense of
obtaining an AMEX or Nasdaq listing. Obviously
without something drastic happening to push
IFTA’s share price above a penny, much less the
multi-dollar requirements of exchanges, IFTA may
fall into a never-ending spiral. With a declining
share price companies are forced to issue more
shares than previously required.
Was sagst du dazu?
Außerdem bisheriges Volumen heute: 400 000 * 0,0028 = 1120 $ (????)
Nichts gegen dich persönlich SI, aber wenn du schon anderen Personen einen Wert schmackhaft machen willst, dann sollen diese auch die ganze Wahrheit darüber erfahren, oder?
füxlein