Green Bridge Industries Inc (GRBG)

[Cassandra]

WARNING!!! GRBG "Stock split" effective on 1/25/2011!!!

GRBG filed the stock split action with the Nevada SOS on 1/12/11.

It's likely that this will be a reverse split. Similar to SSPT's R/S, GRBG did not reduce its A/S. If I'm correct about an R/S, the PPS will further erode to just a fraction of current trading ranges.

If White uses the same strategy as Barrett did with SSPT, shares held before the R/S may not be able to be sold during the first 20 trading days following the R/S, when the stock would trade as "GRBGD."

Barrett did not convert the pre-split stock in the brokerage accounts of existing SSPT shareholders for nearly a month, which allowed the company to dilute massively while not competing with retail sellers. Some traders may try to play the stock post R/S as happened with SSPT. However, the predicted SSPT short squeeze never materialized, so many became bagholders.

Keep in mind that White and Barrett have a business relationship. In October of 2009, White purchased a controlling interest in SSPT and immediately brought in Barrett as President/CEO. It's likely White will attempt to follow Barrett's methods in an R/S -- a big concern for current stockholders!

SSPT shareholders are due to receive a dividend of GRBG restricted shares on 1/31/11. SSPT already has the shares from the original GRBG shares paid for controlling interest.