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Re: sighlent1 post# 87461

Wednesday, 03/25/2015 8:11:16 AM

Wednesday, March 25, 2015 8:11:16 AM

Post# of 92285
How long is "long term"? The reverse split WILL happen I promise. They need to create available authorized shares to be able to convert warrants to common shares. So, sometime after the reverse split, those conversions will most likely be made. That will cause dilutions. After the dilution you will need some good news and a lot of forward progress just to, hopefully, get back to your cost average so you can at least break even. That's assuming that no more negative events happen after the dilution, which is HIGHLY unlikely.

So, I hope by "long term" you are talking in realistic terms of "long". Like many years!

These are my opinions unless otherwise noted.

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