News Focus
News Focus
Followers 6
Posts 555
Boards Moderated 0
Alias Born 09/19/2014

Re: MSU post# 5415

Saturday, 03/07/2015 12:35:01 PM

Saturday, March 07, 2015 12:35:01 PM

Post# of 9845
MSU...You're absolutely right...I wasn't thinking of a reverse split at the current share price.

I was asking if the folks on this message board think that this might be the company plan similar to SLTD...

Meaning IF the company (WEST), can get it's stock price up to .17
(which is where SLTD was at or about, when it did a 1 for 26 reverse split)
- then do a R/S

Example: 279 million shares outstanding stock price .17c.
Perform a r/s of 1 for 27 which would give us approx. 10,333,333 shares
with a price of $4.60 a share....
We would then be within striking distance of $5.00/share to get relisted....

The kicker is, can the company do anything to get its share price to .17 in the near term future?

I don't belong to Facebook...is there any (+) news over there?



Discover What Traders Are Watching

Explore small cap ideas before they hit the headlines.

Join Today