George Foreman Enterprises Inc.(fka GFME)

[RyGuy]

A split is not necessary. I seriously doubt Seymour Holtzman and George Foreman would go through the trouble of this potential reverse merger to do a forward split to satisfy some pinksheet trader who thinks a forward split is necessary.

If the reverse merger does officially take place, more than likely shares will be issued to Chuck Gartenhaus and Seymour Holtzman to facilitate the acquisition and serve as payment to them for their purchase of Homeclick.

There is only 25 million shares authorized, so I could envision maybe 10 million shares for the acquisition. You don't want a massive forward split if your goal was to be on the NASDAQ.

Then if they needed to raise capital later they could also file a S-1 for a stock offering, and that could add some shares to the float. This way. NASDAQ listing is very obtainable.