Microelectronics Technology Co. (fka MELY)

[towerclimber92]

it has been rumored that 99% of penny stocks that r/s at these triple zero ranges eventually dillute all the way back down to triple zero again. so if the company for example does a 1500 to 1 split and you had 1 million shares purchased at .0001, your 1 million shares would now be 666 shares, if the pps were to be dilluted back down to .0001 your original $100 investment would now be worth $0.06.

IMO pursuing a R/S is like running away from your problems, and allowing the company to dump and dillute even more. R/S have proven beneficial for companies that are producing lots of revenue and have the ability to grow, Fishing4 has stated that half the A/S hasn't been sold yet, so if this is true I think there would be more room for financing.