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Re: thought951 post# 6265

Friday, 01/16/2015 10:14:44 AM

Friday, January 16, 2015 10:14:44 AM

Post# of 7147
Excuse me but you were wrong before regarding the forward split and other insights and you are wrong again regarding the need for a big ratio reverse split.Look into the quarterly corporate filings ,there is still plenty of convertible debt on the books .The only reason there was a big ratio reverse split was to accommodate the debt holders and attract more investment by way of convertible debt holders or other dilutive measures.Why?Dilution of shares is all the company has to offer to raise capital with no market product or sales that generate profits. So that means to anyone who really does understand , more dilution coming after the reverse takes place.
What will happen now is the price will retreat back to lower levels very quickly after the reverse split as debt holders have a huge discount to bid price built into the notes.This is to make sure they don't lose the investment they made.This alone will cause that fast drop in price after the reverse as debt holders will trip over themselves once again to be the seller selling. The dr knows fuel cells,but he certainly does not know how to run a public company.glta

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