Biokey International Inc (BKYI)

[jonQ]

Don'tgiveup24, my mistake, I forgot to account for the two-for-one reverse split so the good news is I'm only down a little over $300,000.

I expect the filing last week indicating the plans for reverse split will wind up being a 1:12 reverse split. I don't think there's any chance it'll be any lower. I also fully anticipate that once that split takes effect the stock will plummet again by at least 50%.

I seem to recall the last time we did that One for two reverse split, I said it was the kiss of death. I guess I wasn't too far off the mark from that comment was I? Let's face it, we're trading at about $.08-$.09 a share right now.

I hate to say it and face the realization but I think this company is done, finished, over. There is a reason why insiders and management own basically none of the stock. I think they know that the future is not terribly bright here. This company can only survive for so long without selling something and I don't see any indication that we had come close to selling a reasonable amount of product to make this companies viability encouraging.

I think there is still a mystery as to the reason why The Chinese invested in this company. I suspect it has more to do with financial manipulation as opposed to an investment in the future success and bio key as we all know it today.

Sorry folks but I'm done with this company. I think we see $.30 on some manipulated buying and at that point I'm out.