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Re: ADVFN_notsomuch post# 42405

Thursday, 04/10/2014 1:31:06 PM

Thursday, April 10, 2014 1:31:06 PM

Post# of 47790
What was wrong with a broke company retaining anywhere from 27% to 33% of the authorized stock and doing a merger with another company or bringing in new technology?

Wasn't there a post on this Board that a normal reverse split would be about 1 for 100 or a 93% dilution of stock ownership, when in reality the adjusted proposed reverse split on the 2010 proxy was only about 29% dilution or about 6 times better deal?

I think the Skipper/Copeland proposed reverse split left about 12% of the company in the hands of shareholders which was about 1/3 of the reverse split on the proxy... Isn't that true?