Catching up here.
Read through the last few dozen posts. A reverse split might come at some point but does nothing to help the chances of the company and DOES NOT change the market cap.
The slow down in investments (buys by .0001 buyers allowing toxic debt holders to convert) is NOT a bad thing, as it basically slows down the dilution.
The only way Windstream can succeed is by combining strong sales growth with a strategic partner willing to take out the toxic debt at a minimum.
With a current market cap of somewhere around 300k , it is not impossible for someone looking to be in this sector to either buy the company or come in and re-work these debts.
It has been a long shot from day one but the lack of conversions will push the issue and we should know what the deal is before April 30th or so.
Reverse splits wont do a thing. Conversions and "dollar days" will never work, the more they happen the worse the picture gets seeing that the amount will always be so small.
Example of what might work. Say Fife owns 300,000,000 shares. He has a connection with capital. Capital comes in pays toxic debt and other liabilities down for another big chunk of the company. Problem solved, stock goes to .01. Fife makes 3 million, new investors have clean company for chump change.
AI
