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itlogic

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itlogic

Re: None

Thursday, 04/17/2014 11:07:12 AM

Thursday, April 17, 2014 11:07:12 AM

Post# of 92223
From what I read on here it sounds like the want to R/S to make the shared worth $4 a share? Why $4? Does anyone know if there is any logic behind that number?

What is their burn rate? They must be low on gas if they had to resort to approving an R/S. If there is some logic behind the $4 value and they can't reverse unless they will achieve it, what will they do if all resources on hand are expended and they can't R/S and dilute to refill the tank?

These are my opinions unless otherwise noted.

Proud member #2 of the "iHub 9". All CAPS will crush the whimpy girly man quotes!!!

http://www.pinksheets.com/otciq/ajax/showFinancialReportById.pdf?id=15992

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