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Thanks, but I'll be just fine. The low

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Neuronal Member Profile
 
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Neuronal   Saturday, 06/02/12 01:05:00 AM
Re: investgood post# 36801
Post # of 70073 
Thanks, but I'll be just fine. The low was in Feb at .0011, so we're actually still well above that. Perhaps you weren't around then to remember it. The 2 billion is A/S as of now. However, assuming it is converted to O/S, do you really feel that 500 million O/S per company is unreasonable? Seriously, for what each is doing? Sorry, but I just don't get people's thought process on that compared to other pennys with a single company/product, no revenue, and well over 2 billion O/S share for that one company alone. I don't even think 2 billion O/S would be enough for the magnitude of projects they are building, and I'm actually a bit surprised it's not higher IMO. As far as talk about a reverse split, I would actually not mind at all in order to get the stock out of this gutter day trade flipping paradise. RS is not always bad when used for the right reasons such as uplisting, making the stock more attractive to long term investors who stay out of subpenny for the reasons this stock pattern has illustrated, etc. Now, with that said, I agree that a RS followed by further dilution would be disasterous, but it would make no sense to RS at these levels IMO. Everyone has a different perspective and opinion, but no one knows for sure what will happen. I personally don't care too much what the stock price does for a few years yet...

ECDC

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