Thursday, October 23, 2014 4:31:03 PM
In today's conference call, Mike Shea did say, "a reverse split will happen down the road, but not down at this share price. The share price has to have momentum before it can be done."
His comment was said in response to a caller's question about a reverse split. The caller followed up with an additional question and asked, "so it won't be done within the next 90 days?". Mike's response was "NO".
I'm not a happy GDSM investor today.
I hate reverse splits, Mike hates reverse splits, but eventually "down the road" it has to be done with the outrageous outstanding shares that GDSM has.
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