re-Do you really think that Medient's BOD would do a R/S in this climate?
Absolutely- They already have SAID they are going to do a REVERSE SPLIT? Listen for yourself...
Here's the link...
Question: Will there be a Reverse Split of the Stock?
Answer: Yes
It is well discussed here in the conference call. What has not been said is how much or when... I recommend a 1 for 100 and try to get the price over .10... Maybe even a 1 for 200...
A telephone replay of the call will be available approximately one hour following the call, through midnight Thursday, June 26, 2014, and can be accessed by calling: 877-660-6853 (U.S. callers) and entering conference ID: 13584908.
Don't forget, they need a .10 share price for 6 months to get listed on OTCQX exchange... To get that price a REVERSE SPLIT significantly higher is needed, because, 99% of the time, within a few weeks, a REVERSE SPLIT penny stock is trading at about 40 to 50% of it's "coming out of reverse split" price... There will be another price shock when the papers, SEC pre 14C filing, are filed. Reality will set in then and the stock will probably sell off sharply...
