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Re: jerseyboy73 post# 19596

Thursday, 09/27/2012 10:46:29 PM

Thursday, September 27, 2012 10:46:29 PM

Post# of 22592
An R/S is not in the answer or in best interest of anyone invested. I’ve seen what happens to stocks after the reverse. They typically trade downward losing even more value. It won’t be good for any shareholder invested in BUCS> JMO

Here's a novel thought, it would be less damaging to shareholders and even save money by placing a bid at .001 for 10M shares to absorb the newly freely trading shares. That would cost roughly $10K verses ~$20-30K if not more to do the split. If you'd be willing to do that, I’m more than certain others would follow your lead to help lockdown any extra shares floating out there. JS


In reply to jerseyboy73 Thursday, August 30, 2012 12:30:43 PM
post# 19595 Post # of 19620

IMO, it would be best for BUCS to do a R/S due to Ramsey issuing himself 6.3mil shares and blowing them into the market. When i asked Ramsey for the NOBOs and DTC sheets he altered them so we couldn't see the new blocks being issued....As for the float on BUCS I personally would like the float under 15mil


My posts are my opinion only and should not be considered investment advice! Do your own DD!