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Re: starkd748 post# 67820

Wednesday, 04/23/2014 3:31:39 PM

Wednesday, April 23, 2014 3:31:39 PM

Post# of 79352
I'm real long here myself. I don't see a reverse split anywhere on the horizon, and those ships have tall masts. Even if we do a reverse split, I wouldn't be worried either. I would still retain my percentage of ownership in the company, just in a different share structure.

Other than satisfying regulatory requirements, the effects of a reverse split are mainly psychological. People who want to own that "million shares" can't stand to see the reduction in their share count. We won't see a reverse split. It isn't necessary.
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