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The unfortunate thing is that when a whole new round of dilution starts, new folks will jump on board thinking they have found the goose that laid the golden egg and it will start all over. Sad really.
Of course it's a guess. I just can't believe someone would keep on asking about rosy share price projections on this board when the stock has done NOTHING this past year but fall. ALL of the rosy projections have been wrong. It will rise if they fix the financial mess. Who knows when, or IF, that will occur.
And, if past history is any indication, it will be diluted down to triple zeros before too long. The only difference is folks will watch it fall with 2000 times fewer shares than they had prior to the split. It is what it is, and it is what it has been for years. JMO
Right now this is trading at an equivalent pre-R/S price of .0000125...the addition a one more ZERO beyond the decimal point compliments of ECOS.
Well, if it's 2000:1, then theoretically .20/share. In reality, by the time retail can sell probably 1/2 to 1/4 of that and then down from there. At least that is a typical progression for penny stocks with no revenue other than selling paper.
Hope the amount you expect to get out is based on the likelihood that this will be trading at about a nickel or lower before retailers have a chance to sell. If you have any experience with reverse splits in the pinks, it will not hold the projected R/S price....and it will be down from there.
LOL. Unbelievable....and the beat goes on. Too funny.
Oh yea....a penny...maybe two....maybe five....maybe a dollar. WEEEEEEE!!!!! If it is said on an Ihub board, you can BANK on it!!!
Well now that is appreciated...although you know you have given note to the "dark side".
Good post.
What doesn't make sense is believers somehow believing that the financial issues will somehow disappear because of the other issues. Did it ever occur to you that perhaps the other issues are not advancing because there is no finances in place to do such...and that this company may be having trouble convincing non-toxic financiers that they really are superior to all the other companies vying for this space?
Right on schedule.
Will be interesting to see if we get another 30 to 50 million block sale on 1's at some point today.
LOL. Relax big fella...and be very wary of information you get over the phone. Have a great day.
OOOHHHH. Now that one hurt.