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Re: EP$$ post# 29977

Wednesday, 07/01/2015 11:15:56 AM

Wednesday, July 01, 2015 11:15:56 AM

Post# of 42705
No ..theres no advantage for 3dicon to do a reverse split if we live off fed funding..reverse splits cut down the number of outstanding shares so you can start with a low number of os shares as you gear up for toxic type financing.It seems those days are over based on the companies goals at least to get fed funding.You don't do a reverse split just because there are x amount of shares outstanding but because a company wants to start with a low OS share count as you prepare to dilute with toxic financing and you also want that type of financing to start with a higher share price which is what a reverse split will give you.Thats not 3dicons plan now, its all about Gov funding which can dramatically cut down on dilution.Whos selling now?? Doesn't appear to be anyone just a few day traders and some accumulation of shares by existing and new shareholders it looks like to me.
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