Redwood Group International (RDWD)

[Sloth97]

If anyone believes that there is balance between the positive posts and negative posts during the last two weeks you are crazy. I have read nothing but whining and complaining about 3S.
Anytime, you should read a book about R/S v. increasing the o/s. A reverse split does nothing to raise capital for a company. If you do a 1:2 R/S then the o/s is cut in half while the pps is doubled. The market cap is still the same. It raises no money whatsoever. If you add additional shares then you raise capital but dilute shareholder value.
An R/S in only negative in the sense that historically the pps tends to decline afterwards just like the price tends to increase after a forward split.
This whole R/S talk is either to negatively influence the stock since a reverse split is considered negative by investors or you simply are throwing out terms you don't understand.
To simply base the Bickels performance over the last year on the fact that they are asking for an increase in A/S is like saying Barry Bonds is a terrible hitter because he struck out his last at bat. Over the last year this company has gone from almost BK to profitable. The Bickels have worked their azzes off to get it here and their performance evaluation is limited to this latest proxy request. This whole 3B increase in A/S is ridiculous for shareholders but so is saying that the Bickels are morons, incompetent or whatever adolescent insults you want to tag them with because they are asking for it.
They've made some great choices over the last year to save and grow the business but this share increase in a very bad one. It doesn't affect the business but it affects the pps which is bad for us. Am I disappointed? Absolutely! Do I think the Bickels are doing a bad job? Absolutely not!
Everyone is entitled to their opinion but back it up with reasons. Reasons more in depth than the facts that they want us to vote for an increase in A/S. If you say that the Bickels have screwed shareholders then how did they do that? The screwed is past tense and most everything the Bickels have done is pretty positive for our future shareholder value. The increase has yet to happen and is up to us to decide.

Sloth