Friday, November 21, 2014 8:15:39 AM
Something as simple as: I have a plan to increase the PPS from .0001 to .02. On the surface, you think that is going to be a 200X increase in the share and loads of profit. In reality, it is just an RS at 200:1.
Now, if you want to make money in this shady casino we call OTC, you have read between the pages to see what is really out there. While the RS is still on the books, I cannot see, with the current plan, how that is ever going to go through. An approval is needed and I do not understand how that approval will be granted if the AS that are not outstanding do not have the same RS ratio applied.
Even IF those letters are sent, the only way this RS goes through is if the AS's are adjusted from 5B to 25M. So, my OPINION is that the RS will not go through. The FACT is that even if it does, the AS MUST adjust as well.
That means the plan, as detailed, will not happen. To borrow a line from Dennis Miller: "That's just my opinion, I could be wrong."
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