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Re: megajojo88 post# 8425

Wednesday, 01/21/2015 1:17:16 PM

Wednesday, January 21, 2015 1:17:16 PM

Post# of 25092
Reverse split - kiss of death for penny stocks like FONU

The massive dilution needed just to pay the bills will drive the share price down.

They won't even have enough shares available after the reverse split to fund FONU's paln to raise $50 million for operations that they indicate they need.

This doesn't include the money Jake Shapiro needs for movie production.
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