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Re: momoney163 post# 44104

Tuesday, 12/09/2014 8:00:41 PM

Tuesday, December 09, 2014 8:00:41 PM

Post# of 55804
I hope you get it, but here's a question just in case. If you owned 1.1 billion shares of a 2.5 billion share company trading at .003, would you risk doing a reverse split on your own shares? Personally, I wouldn't unless it was something like a 1 for 10,000 R/S to get the float small enough that it could run like crazy on any trading momentum. Plus maybe retire some shares at the same time. Of course, the normal pink sheet method is to also not change the authorized share count and then dilute the float all the way back up to 2.5 billion. But not of course until you've dumped all your shares and promised the moon. Not saying that will happen here, but its always much safer to get in before the hype and be patient than to get in during the middle of a feeding frenzy.