Rhino, that is assuming the company didn't immediately file to raise the AS/OS after the RS without disclosing it. We should be prepared for that... I am. Either way, there are enough eyes on this puppy that it should head north from here. If we can get our hands on the Nevada Sec of State filings that are listed on the webste, we will have our answer. The most recent entry lacked par share counts that clearly defined Previous Stock Value vs. New Stock Value (a standard in disclosure when filing) Take a peek if you haven't already: http://nvsos.gov/sosentitysearch/corpActions.aspx?lx8nvq=0pnFvWK623KTTteURBaPpw%253d%253d&CorpName=SHOT+SPIRITS+CORPORATION
Example: View the yellow and blue highlighted sections of their last stock split in May of 2010. Properly disclosed for public viewing. Now look at the top entry which represents the most recent stock split. This section is lacking a serious amount of data. Serious enough that shareholders (ehem...us) now have leverage against the company, for the company to "allow" for a correction of the pps.
(The image upload above this text isn't displaying at the moment, so here is the hypertext to try it later:) investorshub.advfn.com/uimage/uploads/2010/12/19/xernisspt_sos.png
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.