Tuesday, January 14, 2014 11:04:25 PM
"The name change to SpectralCast reflects the Company's quickly approaching transition to a new management team and board of directors, along with the adoption of a broader growth strategy," said Carl Conte, Chief Executive Officer of 7 Star Entertainment Inc./SpectralCast Inc. The transition is part of the acquisition of Orbital Laboratories Inc. as mentioned in previous announcements."
This is one of the exceptions. The company is looking to bring change to its current performance and may release a line of appealing press releases. This in turn will create buzz and bring in new investors if done correctly. If management is looking to increase investor interest they have this chance following the reverse split. I really see a chance for a positive outcome to this reverse split.
Happy trading SAEE (SAEED)
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