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Vaffan-Coulo

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Vaffan-Coulo

Re: None

Thursday, 07/17/2014 11:06:02 PM

Thursday, July 17, 2014 11:06:02 PM

Post# of 15274
One for ten reverse split AND a new name???

I wondered why the volume spiked and then saw the "preliminary proxy statement " filed yesterday:

"Proposal 3: To amend the Certificate of Incorporation to change the name of the Company from Competitive Technologies, Inc. to [new name].

Proposal 4: To amend the Certificate of Incorporation to effect a one-for-ten reverse stock split of the Company’s Common Stock"

Like a new name is really gonna help! Manure by any other name is still manure, right?

And a reverse split -- 1 for 10 no less -- yeah, that should do wonders for the stock price! Let's see, that would reduce the float to around 2 million shares. Just what a near bankrupt company needs -- illiquidity!
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