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Technology Stocks : divine interVentures, Inc. (DVIN)

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To: dave rose who wrote (227)2/18/2003 12:21:47 PM
From: Glenn Petersen  Read Replies (1) of 246
 
Flip won't go to jail, but he will be a pariah in the Chicago business community. Come to think of it, he was a pariah before he took DVIN public. <gg>

This was an IPO that never should have happened. It was forced out in July 2000, long after the peak of the bubble. I have a friend who participated in a 1999 private placement, picking up 60,000 shares at $1. He put them into the accounts for his two young children He was thinking $1 million plus. The kids were going to be on easy street. That was before the pre-offering one for six reverse split and the recent one for twenty-five. The kids now have 400 shares at $.35. Welcome to the work force.
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