InvestorsHub Logo
Followers 104
Posts 16793
Boards Moderated 4
Alias Born 12/07/2005

Re: None

Friday, 02/15/2013 12:00:40 PM

Friday, February 15, 2013 12:00:40 PM

Post# of 1127
OUCH! .0482??? 1 for ten would put it at .482 X .625= .30125 (this would put the OS at a more attractive level) if all warrants and convertibles, and classes are subject to the same reverse split. I hate reverse splits, but without one and a raise of capital this one will die on the vine. JMHO I am not saying that I will buy at that point, but I would consider. The management style here still leaves a lot to be desired. NO news in 2 1/4 months while the share price is tanking. Hiding what ever problems they have only magnifies the problem to investors. If they had came out earlier and stated a R\S (which they still have not the basis of my (and many others) calculations would be higher, thus less volume of post dilution. In reality, even in the pennies, honesty is the best policy.