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Saturday, July 19, 2014 3:23:07 PM
This start up is looking to reverse split( a sure sign of weakness) because they can't get the share price to the $1.00 requirement and hold it for one year. A R/S will have a negative impact on share price and be an invitation for more dilution.
The CEO is also not the benevolent owner that most everyone on this board is giddy about. This is just another venture to him for which he'll protect his interests along with the toxic financiers first and leave the masses of shareholders holding the bag if the company fails to make a profit or fails to compete against larger companies.
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