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wallstreet1231

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wallstreet1231

Re: johny1 post# 33325

Tuesday, 08/19/2014 10:46:51 AM

Tuesday, August 19, 2014 10:46:51 AM

Post# of 53309
You do realize they have a history of reverse splits - right? The most dramatic was this one:

Security Notes
Capital Change=shs decreased by 1 for 500,000 split Pay date=12/10/2008. This is reported on otcmarkets.com

As for raining preferred shares, why would preferred shareholders convert now - shares are anti dilutive and stock is at the lowest - .0001. Makes no sense to convert now. Wait until it gets bumped up a tick or two, or better yet - a reverse split.

My opinion as always.
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