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contrarian bull

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contrarian bull

Re: tutt1126 post# 433066

Friday, 10/13/2017 12:20:08 PM

Friday, October 13, 2017 12:20:08 PM

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Do they have the right to RS while they had now completely violated the law

Who are "they"?

The boards of F&F could declare a reverse split any time they felt like it. I do not believe anything in the SPSA prevents that. There is a prohibition about issuing any new common stock shares or junior preferred shares.

A reverse split would let me buy more F&F using margin, so would not be a bad idea... but probably a moot point since likely the price will jump above $5 anyway early in 2018 if "something" happens.

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