Wednesday, July 30, 2014 2:09:01 PM
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=102862686&txt2find=authorized
that would leave 600,000 after the split. assuming, too that the split occurs at the current .0001 x .0002, that would make this 1.00 x 2.00. obviously a large price to hold given the history here. but... not completely out of the question. strangely enough i have seen quite a few recent r/s stocks turn out better than i thought. problem herein is this will need to see dollars -- plural, not singular -- for break even for most.
that said, given how thin this will be after the reverse split, todays buyers at .0001 may make out. of course the risk /reward ratio has gotten somewhat skewed here by the size of the split -- i think its too large by a magnitude of 10. but this is a gamblers game, isn't it?
just my .0001 to no bid thoughts.
best of luck to ALL
rich
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