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Re: mymoneybgone post# 244116

Wednesday, 12/02/2015 7:04:51 PM

Wednesday, December 02, 2015 7:04:51 PM

Post# of 249202
The company has long raised funds based on the hope of riches that in truth were nothing. Thinking a reverse-split is good for the company is insane. It was part of the requirement of the 180-day extension so it must be put to a vote as one of the conditions from NASDAQ since they will not meet the $1 price requirement by the deadline.

If it is not approved, it is off to the pink-sheets.

If it is approved, the market cap requirement is still an overhang on the company and there is no extension on that. So it just may delay the inevitable.

Being "wrong" has been extremely profitable.

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