![](http://investorshub.advfn.com/images/default_ih_profile2_4848.jpg?cb=0)
Friday, July 07, 2006 11:12:58 AM
When Dr Tony said there would never be a reverse split it was about four years before the r/s actually happened.
He said it four years before the split, he said it three years before the split, he said it two years before the split, he said it one year before the split, he said it every month in between whenever he was asked. He was asked at every opportunity since it was obvious to anyone with a minimum of neurons and the ability to do the math that it was inevitable, given the conditions (falling pps and immense share count). Until the announcement of the actual split, every time he was asked he said it would be unecessary.
As I recall, last year the shareholders voted on the r/s. I assume they would have to vote on any subsequent r/s as well.
Assume away. It was 'assumed' from promises given that the shareholders would get to vote every time a new batch of shares was registered for sale. So much for assumptions.
How likely is it that they would call a special shareholders meeting to vote on a r/s between now and next year's meeting?
If conditions continue to deteriorate and management deems it necessary, it is not only likely.....it is guaranteed.
regards,
frog
Freedom Holdings Corporate Update; Announces Management Has Signed Letter of Intent • FHLD • Jul 3, 2024 9:00 AM
EWRC's 21 Moves Gaming Studios Moves to SONY Pictures Studios and Green Lights Development of a Third Upcoming Game • EWRC • Jul 2, 2024 8:00 AM
BNCM and DELEX Healthcare Group Announce Strategic Merger to Drive Expansion and Growth • BNCM • Jul 2, 2024 7:19 AM
NUBURU Announces Upcoming TV Interview Featuring CEO Brian Knaley on Fox Business, Bloomberg TV, and Newsmax TV as Sponsored Programming • BURU • Jul 1, 2024 1:57 PM
Mass Megawatts Announces $220,500 Debt Cancellation Agreement to Improve Financing and Sales of a New Product to be Announced on July 11 • MMMW • Jun 28, 2024 7:30 AM
VAYK Exited Caribbean Investments for $320,000 Profit • VAYK • Jun 27, 2024 9:00 AM