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Re: Optimistic12 post# 22786

Monday, 06/23/2014 12:49:36 AM

Monday, June 23, 2014 12:49:36 AM

Post# of 43154
HA! If I knew the answer to that question I'd have to think I was clairvoyant!! Unfortunately i have no idea. In terms of outstanding shares, the last one occurred with about 1 billion shares outstanding. that would be a clue, I think. as for the new rule, I'm not all that up to speed on it. have only heard about it on this board (this is the only penny stock i own). my limited understanding is they could be delisted from the OTC for having a sub penny share price (the exact specs I'm not certain). Victor Keen has stated that they would defend their listing on the OTC. A R/S would be a way to do that, and he mentioned that strategy as being possible. That's a clue. discerning when that might happen is hard. But a prolonged sub penny price would lead a person to start expecting that outcome. If the price action mostly stays above a penny, then it would be more dependent on the OS. and really Razor has had the best info on that rate. I've been here for 18 months and I think the OS was 66 million when i started and is now around 400 million... so you get the idea of how much dilution is happening. It has slowed recently... by how much I am uncertain
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