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Re: None

Tuesday, 03/15/2016 1:24:29 PM

Tuesday, March 15, 2016 1:24:29 PM

Post# of 81999
It's going to be interesting tomorrow to hear the rationale for the reverse split. It's not for upgrading....they are not even close to qualifying...even for the American Exchange. It could be in preparation for a buyout...but is that really good new?. Sure you will get a premium over the current price, but it is almost unheard of for that premium to be more than 30-40% over the current price. I would not consider that particularly good news either. The key to share appreciation remains solid orders and contracts. While reported revenue will increase for Q-4 they will also report their largest loss to date. No amount of share price manipulation is going to take the place of solid sales results. Should be an interesting conference call.
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