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Medtox Scientific

This article was originally published in The Gray Sheet

Executive Summary

Reverse 20-for-one stock split will be submitted for shareholder approval at a special meeting scheduled for the week of Feb. 15, 1999. About 58 mil. shares were issued and outstanding as of Nov. 30. St. Paul, Minnesota-based Medtox' "low stock price restricts the company's presence in the equity markets," the firm explains. The AMEX-traded issue is currently trading at around 30 cents a share

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