I'll take that one CHEEKY - because the supportive shareholder hold convertible preferred stock and I am assuming, if a REAL investment banker or REAL institutional lender felt the outstanding is too low, or that they want the market cap higher without effecting the PPS, they would ask some of those holders to convert a portion to bring the OS shares up. The great thing about that is those shares can't dilute the market because they would ALL be restricted for at minimum 6 months from the time of a conversion, and THEN, further restricted by rule 144 sales limitations. But by that time, I would expect a SPO on a national exchange - so maybe, if we ever see a conversion, there may actually be a time-clock purpose that we don't see behind it. None of them have sold in over a year and we heard that the intention is not to sell. Thats what the CEO stated.
To do a forward split would actually affect the stock price by cutting it down, put more shares in the hands of flippers and game players, which was one of the purposes of doing the reverse split to begin with, to get away from that, stabilize the stock while the company builds its core business.
Obviously we come from 2 different worlds - liquidity, game playing, flipping v. business building.
