Tuesday, October 28, 2014 11:20:55 AM
The problem is this:
1. A large percentage of companies that execute reverse splits will continue trading lower after the split due to underlying negative fundamentals.
2. Additional authorized shares will only dilute the stock price further. Circ needs to pay YA Global and then pay management salaries and bonuses since payroll paid by cash is restricted by YA Global.
Recent CIRX News
- Form 10-Q - Quarterly report [Sections 13 or 15(d)] • Edgar (US Regulatory) • 11/20/2023 09:12:01 PM
- Form NT 10-Q - Notification of inability to timely file Form 10-Q or 10-QSB • Edgar (US Regulatory) • 11/14/2023 06:47:40 PM
- Form 10-Q - Quarterly report [Sections 13 or 15(d)] • Edgar (US Regulatory) • 08/21/2023 08:14:48 PM
- Form NT 10-Q - Notification of inability to timely file Form 10-Q or 10-QSB • Edgar (US Regulatory) • 08/14/2023 10:10:13 AM
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